Given below are two statements: Statement - I: High concentration of strong nucleophilic reagent with secondary alkyl halides which do not have bulky…

Given below are two statements: Statement - I: High concentration of strong nucleophilic reagent with secondary alkyl halides which do not have bulky substituents will follow $\displaystyle \mathrm{S}_{\mathrm{N}}{ }^2$ mechanism. Statement - II: A secondary alkyl halide when treated with a large excess of ethanol follows $\displaystyle \mathrm{S}_{\mathrm{N}}{ }^1$ mechanism. In the light of the above statements, choose the most appropriate from the options given below: