To solve this problem, we need to analyze the given statements:$\newline \bullet$Statement I: Gause’s competitive exclusion principle states that two closely related species competing for different resources cannot exist indefinitely.$\newline$ - This statement is incorrect because Gause's principle actually states that two species competing for the same limited resources cannot coexist indefinitely.$\newline \bullet$Statement II: According to Gause’s principle, during competition, the inferior will be eliminated. This may be true if resources are limiting.$\newline$ - This statement is correct as it aligns with the essence of Gause's principle, which suggests that in a competitive environment with limited resources, the inferior competitor will be eliminated.$\newline$