Statement 1: Tl3+ acts as an oxidizing agent.
Statement 2: Tl+ is more stable than Tl3+ due to inert pair effect.
Both statements 1 and 2 are correct
Statement 1 is correct and statement 2 is incorrect
Statement 1 is incorrect and statement 2 is correct
Both statements 1 and 2 are incorrect
Tl3+ acts as an oxidizing agent because it has tendency to reduce to Tl1+ as +1 oxidation state of Tl is more stable on account of inert pair effect.