Identify the wrong statements from the following:
I. DNA polymerase has capability of catalysing the process of elongation of polypeptide chain
II. In splicing, introns are removed and exons are joined
III. In capping, methyl guanosine triphosphate is added to the 5\textsuperscript{' end of hnRNA
IV. In tailing, adenylate residues are added at 5\textsuperscript{' } end }