Given below are two statements: Statement (I): On nitration of m-xylene with HNO_3, H_2 SO_4 followed by oxidation, 4-nitrobenzene-1,3-dicarboxylic…

Given below are two statements : Statement (I) : On nitration of m-xylene with $\displaystyle \mathrm{HNO}_3, \mathrm{H}_2 \mathrm{SO}_4$ followed by oxidation, $\displaystyle 4$-nitrobenzene-$\displaystyle 1,3$-dicarboxylic acid is obtained as the major product. Statement (II) : $\displaystyle -\mathrm{CH}_3$ group is o/p-directing while $\displaystyle -\mathrm{NO}_2$ group is m-directing group. In the light of the above statements, choose the correct answer from the options given below :