Question
Question: Statement I: The escape velocity for a planet at a point is $V_e$. A body is projected at that point...
Statement I: The escape velocity for a planet at a point is Ve. A body is projected at that point horizontally with a speed V. This particle moves as satellite around the planet for any value of V satisfies the condition 4Ve<V<Ve.
Statement II: The escape velocity of body at any point is always equal to 2 times to orbital velocity at that point in planets gravitational field.

Statement I is incorrect but Statement II is correct.
Both Statement I and Statement II are correct.
Both Statement I and Statement II are incorrect.
Statement I is correct but Statement II is incorrect.
Statement I is incorrect but Statement II is correct.
Solution
Statement I: For a body to move as a satellite (in a circular or elliptical orbit) around a planet, its velocity V at a point must satisfy Vorb≤V<Ve, where Vorb is the orbital velocity and Ve is the escape velocity at that point. The relationship between escape velocity and orbital velocity for a circular orbit is Ve=2Vorb, which implies Vorb=2Ve. Thus, for satellite motion, the condition is 2Ve≤V<Ve. The statement claims satellite motion occurs for 4Ve<V<Ve. Since 4Ve<2Ve, this range includes velocities less than the orbital velocity. For V<Vorb, the body will not maintain orbit and will fall back to the planet. Therefore, Statement I is incorrect.
Statement II: The escape velocity Ve from a point at a distance r from the center of a planet of mass M is given by Ve=r2GM. The orbital velocity Vorb for a circular orbit at the same distance r is given by Vorb=rGM. Comparing these two, we find Ve=2×rGM=2Vorb. This relationship holds true for any point in the planet's gravitational field. Therefore, Statement II is correct.