Given below are two statements : Statement (I): It is impossible to specify simultaneously with arbitrary precision, both the linear momentum and the position of a particle. Statement (II) : If the uncertainty in the measurement of position and uncertainty in measurement of momentum are equal for an electron, then the uncertainty in the measurement of velocity is $\geqslant \sqrt{\frac{\mathrm{h}}{\pi}} \times \frac{1}{2 \mathrm{~m}}$.
In the light of the above statements, choose the correct answer from the options given below:
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