To determine the correctness of the statements given, we need to analyze each statement independently.
In conclusion, both Statement I and Statement II are correct. Blood acts as a buffer solution, and the bicarbonate buffer system efficiently maintains the blood pH at approximately 7.4 by managing the concentrations of bicarbonate ions and carbonic acid.
Consider a solution of CO$_2$(g) dissolved in water in a closed container. Which one of the following plots correctly represents variation of $\log$ (partial pressure of CO$_2$ in vapour phase above water) [y-axis] with $\log$ (mole fraction of CO$_2$ in water) [x-axis] at
$25^\circ$C? 