Step 1: Understanding the Concept:
Post-transcriptional eukaryotic gene regulation: alternative pre-mRNA splicing generates diverse mRNA isoforms and distinct protein variants from a single gene locus.
Step 2: Detailed Explanation:
1. Statement I: Alternative Splicing is a regulated post-transcriptional process where different combinations of exons from a single primary pre-mRNA transcript are spliced together or skipped. It generates multiple diverse, non-uniform mRNA isoforms, NOT uniform mRNA. Hence, Statement I is incorrect.
2. Statement II: Differential exon inclusion/exclusion alters the open reading frame, generating protein isoforms with varied catalytic activities, receptor affinities, subcellular localizations, or regulatory domains (e.g., membrane-bound vs secreted antibodies). Hence, Statement II is correct.
Step 3: Final Answer:
Therefore, Statement I is incorrect but Statement II is correct, matching option (D).