Let's analyze the statements one by one:
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Square root of 49 is less than seven: \[ \sqrt{49} = 7 \] This statement is false because \(7\) is not less than \(7\).
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Square root of 48 is less than square root of 36: \[ \sqrt{48} \approx 6.928 \quad \text{and} \quad \sqrt{36} = 6 \] This statement is also false because \(6.928\) is not less than \(6\).
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Square root of 49 is greater than seven: \[ \sqrt{49} = 7 \] This statement is false because \(7\) is not greater than \(7\).
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Square root of 48 is greater than square root of 36: \[ \sqrt{48} \approx 6.928 \quad \text{and} \quad \sqrt{36} = 6 \] This statement is true because \(6.928\) is greater than \(6\).
Thus, the only true statement is "square root of 48 is greater than square root of 36."