Given below are two statements :
Statement I: The $\mathrm{E}^{\circ}$ value of $\mathrm{Ce}^{4+} / \mathrm{Ce}^{3+}$ is +1.74 V .
Statement II : Ce is more stable in $\mathrm{Ce}^{4+}$ state than $\mathrm{Ce}^{3+}$ state.
In the light of the above statements, choose the most appropriate answer from the options given below :