In a still fluid, pressure exists at every point inside the fluid and acts equally in all directions. It is not limited only to solid surfaces. Hence, Statement I is incorrect.
Molecules at the surface of a liquid experience an unbalanced inward force due to fewer neighboring molecules. This causes them to possess higher potential energy than molecules inside the liquid, which leads to the phenomenon of surface tension. Hence, Statement II is correct.
Therefore, the correct option is Statement I is false but Statement II is true.
Updated for JEE Main 2026: This PYQ is important for JEE Mains, JEE Advanced and other competitive exams. Practice more questions from this chapter.