
To solve this question, we need to analyze the electrolysis of the given solutions and the respective standard electrode potentials (\( E^0 \)) of the ions involved.
The correct choice is: Statement I is correct but statement II is incorrect.

Step 1: Analyze Statement (I).
The order of deposition at the cathode is determined by the standard reduction potentials. Higher reduction potential means easier reduction and deposition. The order of reduction potentials is \( Ag^+ (0.80V)>Hg_2^{2+} (0.79V)>Cu^{2+} (0.34V)>Mg^{2+} (-2.37V) \). 
Thus, the sequence of deposition with increasing voltage will be Ag, then Hg, then Cu. Statement I is correct. 
Step 2: Analyze Statement (II).
For Magnesium: \( Mg^{2+} + 2e^- \rightarrow Mg \quad E^0 = -2.37V \) 
For water reduction at the cathode (neutral pH): \( 2H_2O(l) + 2e^- \rightarrow H_2(g) + 2OH^-(aq) \quad E^0 = -0.83V \) Since the reduction potential of water is significantly higher than that of \( Mg^{2+} \), water will be reduced at the cathode, producing hydrogen gas, and Magnesium will not be deposited. 
The first part of Statement II is correct. For water oxidation at the anode: \( 2H_2O(l) \rightarrow O_2(g) + 4H^+(aq) + 4e^- \quad E^0 = +1.23V \)
Oxygen gas is evolved at the anode, not the cathode. 
The second part of Statement II is incorrect. 
Step 3: Determine the correctness of both statements.
Statement I is correct, and Statement II is incorrect. 
Step 4: Choose the appropriate option.
The option that states Statement I is correct but Statement II is incorrect is (2).
1 Faraday electricity was passed through Cu$^{2+}$ (1.5 M, 1 L)/Cu and 0.1 Faraday was passed through Ag$^+$ (0.2 M, 1 L) electrolytic cells. After this, the two cells were connected as shown below to make an electrochemical cell. The emf of the cell thus formed at 298 K is:
Given: $ E^\circ_{\text{Cu}^{2+}/\text{Cu}} = 0.34 \, \text{V} $ $ E^\circ_{\text{Ag}^+/ \text{Ag}} = 0.8 \, \text{V} $ $ \frac{2.303RT}{F} = 0.06 \, \text{V} $
On charging the lead storage battery, the oxidation state of lead changes from $\mathrm{x}_{1}$ to $\mathrm{y}_{1}$ at the anode and from $\mathrm{x}_{2}$ to $\mathrm{y}_{2}$ at the cathode. The values of $\mathrm{x}_{1}, \mathrm{y}_{1}, \mathrm{x}_{2}, \mathrm{y}_{2}$ are respectively:
Sea water, which can be considered as a 6 molar (6 M) solution of NaCl, has a density of 2 g mL$^{-1}$. The concentration of dissolved oxygen (O$_2$) in sea water is 5.8 ppm. Then the concentration of dissolved oxygen (O$_2$) in sea water, in x $\times$ 10$^{-4}$ m. x = _______. (Nearest integer)
Given: Molar mass of NaCl is 58.5 g mol$^{-1}$Molar mass of O$_2$ is 32 g mol$^{-1}$.
Consider the following molecule (X).
The Structure X is? 