First, we analyze the behavior of each term in the product. The smallest term in the product is: \[ \frac{1}{2^2 - 2^3} \quad \text{and the largest term is} \quad \frac{1}{2^2 - 2^{2n+1}} \] The product is bounded as: \[ \left( \frac{1}{2^2 - 2^3} \right)^n \leq P \leq \left( \frac{1}{2^2 - 2^{2n+1}} \right)^n \] The sequence is bounded between 0 and 1. Therefore, the limit of the product as \( n \to \infty \) is 0. Thus, the final answer is: \[ P = 0 \]
Given below are two statements:
Statement I: Benzene is nitrated to give nitrobenzene, which on further treatment with \( \text{CH}_3\text{COCl} / \text{AlCl}_3 \) will give the product shown. 
Statement II: \( -\text{NO}_2 \) group is a meta-directing and deactivating group.
In the light of the above statements, choose the most appropriate answer from the options given below.