Given below are two statements for the 

 

$C_2{H}_5{O}^{-}+H_{2}O\rightleftharpoons C_2{H}_{5}OH+O{H}^{-};K_2$

Statement I : the value of  $K_2$ less than  $K_1$
Statement II : Phenoxide is a weaker base than ethoxide
In the light of the above statements, choose the most appropriate answer from the options given below