Given below are two statements.

Statement I  : Reproduction in cnidarians occurs only by asexual means.

Statement II : Reproduction in ctenophores occurs only by sexual means.

In light of the above statements, choose the correct answer from the options given below.

Statement I is incorrect but statement II is correct. 

Cnidarians reproduce both sexually and asexually. Asexual reproduction methods include budding, fragmentation, and sometimes by forming specialized structures like polyps. Sexual reproduction involves the release of gametes (eggs and sperm) into the water, where fertilization occurs externally.

Ctenophores reproduce only by sexual means.