- Statement I is correct: Chlorobenzene is less reactive than benzene towards electrophilic substitution due to the -I effect of chlorine. Chlorine donates lone pair electrons to the aromatic ring through resonance, which decreases the electron density on the ring, making it less reactive.
- Statement II is incorrect: The -I effect of chlorine is deactivating and it directs incoming electrophiles to the meta position, but this is not because of the -I effect. The meta-directing property is due to the combination of the -I effect and the absence of a positive charge donation through resonance.