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Option 3 : Only Conclusion 1 and 4 follows

The least possible Venn diagram for the given statements is as follows,

[ alt="F1 Prashant 24.10.20 Pallavi D3" src="//storage.googleapis.com/tb-img/production/20/10/F1_Prashant_24.10.20_Pallavi_D3.png" style="width: 165px; height: 83px;">

Conclusions :-

I. Some White are Black → True (It is definite relation between white and black that all black are white so, some white are black).

II. All Black are Red → False  (It is possible but not define as no definite as no direct relation is given between them).

III. All Whites are Black → False (It is possible but not define as no definite as no direct relation is given between them).

IV. Some Whites are Red → True (It is definite relation between white and red that some reds are black so, some whites are red).

Thus, Only Conclusions 1,4 follows. 

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