Step 1: Understanding the Concept:
The isoelectric point (pI) is the specific pH at which a zwitterionic polypeptide possesses zero net electrical charge.
Key Formula or Approach:
\[ \text{pH} \text{pI} \implies \text{Net Negative Charge} \]
Step 2: Detailed Explanation:
1. Statement I: When the ambient $\text{pH} > \text{pI}$, basic amino groups deprotonate ($-\text{NH}_3^+ \rightarrow -\text{NH}_2$) and acidic carboxyl groups remain deprotonated ($-\text{COO}^-$), imparting an overall net negative charge to the protein population. Hence, Statement I is true.
2. Statement II: By definition, the Isoelectric Point (pI) is the pH at which the sum of positive charges equals the sum of negative charges, resulting in a net charge of zero (minimum solubility and zero electrophoretic mobility). Hence, Statement II is true.
Step 3: Final Answer:
Thus, Both Statement I and Statement II are true, matching option (A).