Step 1: Evaluating the statements
Statement I: Cyathium-type flowers, such as those in Euphorbia, are pollinated by insects, but not specifically by Blastophaga (Incorrect).
Statement II: Bilipped corolla (two-lipped structure) is present in Ocimum (Correct).
Statement III: Basal placentation is found in sunflower (Asteraceae), but Dianthus has free central placentation (Incorrect).
Statement IV: Whorled phyllotaxy (leaf arrangement in a whorl) is found in Alstonia (Correct).
Step 2: Evaluating the options
Option (1): Incorrect, as I is incorrect.
Option (2): Correct, as II and IV are both correct.
Option (3): Incorrect, as III is incorrect.
Option (4): Incorrect, as I is incorrect.
Final Answer: \[ II { and } IV \]
If the roots of $\sqrt{\frac{1 - y}{y}} + \sqrt{\frac{y}{1 - y}} = \frac{5}{2}$ are $\alpha$ and $\beta$ ($\beta > \alpha$) and the equation $(\alpha + \beta)x^4 - 25\alpha \beta x^2 + (\gamma + \beta - \alpha) = 0$ has real roots, then a possible value of $y$ is: