Interkinesis lies between two mitotic division/meiosis-I and meiosis-II.

Explanation

**Step-by-Step Solution:**

1. **Understanding Interkinesis**: Interkinesis is a phase that occurs between two meiotic divisions, specifically between meiosis I and meiosis II. It is important to note that interkinesis is not the same as interphase, which is a broader term that includes several phases of the cell cycle.

2. **Identifying the Phases of Meiosis**: Meiosis consists of two main divisions: meiosis I and meiosis II. Meiosis I is the reductional division where homologous chromosomes are separated, while meiosis II is similar to mitosis, where sister chromatids are separated.

3. **Role of Interkinesis**: During interkinesis, the cell undergoes a period of rest. This phase allows the cell to prepare for the second meiotic division. Unlike interphase, interkinesis does not involve DNA replication.

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