Given below are two statements
Statement-I: Phenol is acidic due to resonance stabilization of phenoxide ion.
Statement-II: Phenol has no reaction with \(\mathrm{Na_2Cr_2O_7}\) and concentrated \(\mathrm{H_2SO_4}\).
The correct answer is
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Phenol is acidic because
\[
\boxed{\text{phenoxide ion is resonance stabilized}.}
\]
Also,
\[
\boxed{\text{Phenol is readily oxidized to quinones by strong oxidizing agents.}}
\]