Statement I: Pressure in a reservoir of water is same at all points at the same level of water.

This statement is true. According to the principle of fluid statics, in a body of static fluid, the pressure is the same at all points at the same horizontal level. This is because the pressure at any point in a static fluid is determined by the weight of the fluid above it. Therefore, at any given level in the reservoir, the pressure is the same because the weight of the water above each point is the same.

Statement II: The pressure applied to enclosed water is transmitted in all directions equally.

This statement is also true. It is a direct statement of Pascal's law, which states that any change in pressure applied at any point in a fluid in a closed system is transmitted undiminished to all points in the fluid and acts in all directions.

Therefore, both Statement I and Statement II are true.