
The stopping potential (\(V_0\)) is related to frequency (\(u\)) by the equation:
\[ eV_0 = hu - \phi \implies V_0 = \frac{h}{e}u - \frac{\phi}{e} \]
The slope of the graph, which represents \(\frac{h}{e}\), confirms Statement-I. Statement-II is incorrect because \(M_2\) has a higher work function, resulting in lower kinetic energy for emitted photoelectrons at the same incident frequency.