Step 1: Analyze Statement-I (Rutherford Model and Stability).
The Rutherford model (the planetary model) proposes that electrons revolve around a positively charged nucleus.
According to classical electromagnetic theory (Maxwell's equations), an accelerating charged particle (like an electron in orbit) must continuously radiate energy.
The continuous radiation of energy would cause the electron's orbit to shrink rapidly, eventually spiraling into the nucleus.
This process would take about $10^{-8}$ seconds, meaning the atom would be highly unstable. The Rutherford model offers no explanation for this inherent instability.
Therefore, Statement-I is correct.
Step 2: Analyze Statement-II (Wavelength of X-rays and Microwaves).
Electromagnetic waves are ordered by their frequency ($\nu$) and wavelength ($\lambda$) in the electromagnetic spectrum. The relation is $\lambda = c/\nu$.
The order of increasing wavelength (decreasing frequency) is: Gamma rays<X-rays<Ultraviolet<Visible<Infrared<Microwaves<Radio waves.
Microwaves have a much longer wavelength than X-rays. $\lambda_{\text{X-rays}} \approx 0.01 \text{ nm}$ to $10 \text{ nm}$, while $\lambda_{\text{Microwaves}} \approx 1 \text{ mm}$ to $1 \text{ m}$.
The statement claims $\lambda_{\text{X-rays}}>\lambda_{\text{Microwaves}}$, which is false.
Therefore, Statement-II is not correct.
Step 3: Conclude the correct option.
Statement I is correct, but Statement II is not correct.