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In the following question below are given some statements followed by some conclusions. Taking the given statements to be true even if they seem to be at variance from commonly known facts, read all the conclusions and then decide which of the given conclusion logically follows the given statements. Statements: I. Some banks are private. II. All private are industry. Conclusions: I. Some banks are industry. II. All banks are industry.

Only conclusion (I) follows.
Only conclusion (II) follows.
Neither conclusion (I) nor conclusion (II) follows.
Both conclusions follow.

Correct Answer: Only conclusion (I) follows.

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