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Option 2 : Both I and III follow.
The least possible Venn diagram is given below:
[ alt="F1 V.B Madhu T.T.P 23.11.19 D11" src="//storage.googleapis.com/tb-img/production/19/11/F1_V.B_Madhu_T.T.P_23.11.19_D11.png" style="width: 364px; height: 111px;">
Conclusions:
I. All paper boats can be tissue → True (It is possible).
II. No paper is paper boat → False (It is not defined hence, false).
III. Some paper is newspaper → True (It is defined).
Hence, the correct answer is both I and III follow.
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