There are a couple of triangle concepts tested here in this question.
If a line is drawn such that it connects the midpoints of any two sides of a triangle, it will be parallel to the third side and will be half of the third side.The above is enough to prove that FD is parallel to AC. Statement I must be true. So, any option/s not containing I can be eliminated. Options B and C go out.
If two triangles have the same base and lie between the same parallel lines, they will have the same area.Let’s draw a line parallel to EC, through F. Then, triangles DEF and CDF have equal bases (since D is the midpoint of C) and lie between the same parallel lines.
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Clearly, statement II must be true. Option A can now be eliminated. Possible answer options are D and E.
We do not have enough data to conclusively say if area of triangle ABF will always be lesser than area of triangle DEF. This is because of the relative positions of B and D, due to which we do not know the heights of these triangles. So, statement III is not necessarily true. Option E can now be eliminated.
Answer option D has to be the correct answer.
If you know both the concepts stated above, this question should take you a minute, on an average to solve. So, this is actually a moderately difficult question. Also remember that you should be able to make basic constructions to be able to apply the concepts. Solving sufficient number of questions where you are required to make constructions, will help you develop this skill.
Hope this helps!