Given below are two statements :

Statement I : None of the alkaline earth metal hydroxides dissolve in alkali.

Statement II : Solubility of alkaline earth metal hydroxides in water increases down the group.

In the light of the above statements, choose the most appropriate answer from the options given below :

1. A Statement I is correct but Statement II is incorrect.
2. B Statement I is incorrect but Statement II is correct. Correct answer
3. C Statement I and Statement II both are incorrect.
4. D Statement I and Statement II both are correct.