The correct option is
D Male cone and megasporophylls are borne on separate individual plants
Cycas is dioecious i.e. male cone and female cone (lax) are borne on separate sporophytes. Each microsporophyll of male cone bears many microsporangia in its adaxial surface. The female cone has loosely arranged megasporophylls, each of which bears ovule in the middle part.
So, the correct option is D.