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Option 2 : Only conclusion (II) follows

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

[ alt="26.12.2018.001.123.047" src="//storage.googleapis.com/tb-img/production/18/12/26.12.2018.001.123.047.PNG">

I. Some pink are not blue → False (As we know that some blue are pink but for the remaining there is no information given so we cannot say about it.)

II. Some red are pink → True (As all blue are red and some blue is pink so the blue which is pink will also be red.)

Hence, only conclusion II follows.

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