Analyze Statement I:
Statement I states that when the speed of liquid is zero everywhere, the pressure difference at any two points depends on the equation:
\[ P_1 - P_2 = \rho g(h_2 - h_1) \]
This is correct and is based on the hydrostatic pressure difference, which applies when the fluid is at rest or moving uniformly without velocity gradients.
Analyze Statement II Using Bernoulli’s Equation:
In a venturi tube, where the fluid is in motion, we can apply Bernoulli’s equation:
\[ P_1 + \rho gh + \frac{1}{2}\rho v_1^2 = P_2 + \rho gh + \frac{1}{2}\rho v_2^2 \]
Simplifying for the pressure difference, we get:
\[ P_1 - P_2 = \frac{1}{2}\rho (v_2^2 - v_1^2) \]
The statement given, \(2gh = v_2^2 - v_1^2\), is not a general result of Bernoulli’s equation and is incorrect as presented.
Conclusion:
Therefore, Statement I is correct (it applies to a static fluid or uniform motion with no speed variations), but Statement II is incorrect in the context of the venturi tube.