Given below are two statements :

Statement (I) : SN2 reactions are 'stereospecific', indicating that they result in the formation only one stereo-isomers as the product.

Statement (II) : SN1 reactions generally result in formation of product as racemic mixtures.

In the light of the above statements, choose the correct answer from the options given below : 

1
Statement I is true but Statement II is false
2
Statement I is false but Statement II is true
3
Both Statement I and Statement II is true 
4
Both Statement I and Statement II is false 
5
Question Not Attempted

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