Statement — Mr X and Mr Y have almost equal academic records, but in dishonesty one lags behind the other.\nConclusions:\nI. Mr X is more dishonest than Mr Y.\nII. Mr Y is more dishonest than Mr X.

Introduction / Context:
The statement compares dishonesty levels but does not specify which person is higher on that trait. Conclusion questions demand certainty, not guesses.

Given Data / Assumptions:

• Academic parity.
• Dishonesty: one is more than the other, but identity is unspecified.

Concept / Approach:
Without knowing which individual “lags” or “leads” in dishonesty, we cannot affirm either I or II. “Either I or II” as an answer choice would claim that one of them follows, but the test here asks which specific conclusion follows; neither specific assertion is justified.

Step-by-Step Solution:
1) Identify the missing piece: who is more dishonest? Not provided.2) Therefore both I and II individually fail; the logically safe choice is “neither.”

Why Other Options Are Wrong:
Only I/Only II: arbitrary assignment. Either/Both: misread the requirement for determinate truth.

Common Pitfalls:
Confusing “exactly one must be true” with “we know which one is true.” The former does not license choosing either specific statement.

Final Answer:
Neither I nor II follows.