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Option 2 : Only conclusion III is incorrect.

Given statements: A > E > C ; C = D ; E < F 

On combining:

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Conclusions:

I. D < E → True ( as D = C < E < A → thus D < E )

II. C < A → True (as D = C < E < A → thus C < A )

III. A > F → False (as D = C < E < A ; E < F → thus the clear relation between A and F cannot be determined)

Hence, conclusion I and II are correct and conclusion III is incorrect.
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