The number of chiasmata depends on the ........

Identify the given figure.

Which of the following statement$(s)$ is/are not correct about meiosis?
$I.$ Meiosis involves pairing of homologous chromosomes and recombination between them.
$II.$ Two diploid cells are formed at the end of meiosis-$II$.
$III.$ Meiosis involves two sequential cycles of nuclear and cell division called meiosis-$I$ and meiosis-$II$,but only a single cycle of $DNA$ replication.
$IV.$ Meiosis-$I$ is initiated after the parental chromosome replication which produces identical sister chromatids at the $S$-phase.
The correct option is

The genetic constitution of chromosomes changes after this type of cell division.

Find out the wrong statement.

In the meiotic cell division,$4$ daughter cells are produced by two successive divisions in which