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Option 4 : Either I or IV follows

Consider the following least possible Venn diagram,

[ alt="27 nov 7" src="//storage.googleapis.com/tb-img/production/18/11/27_nov_7.PNG" style="width: 362px; height: 116px;">

Conclusions:

I. No Blanket is Jacket → not follows (It is possible but not definite).

II. Some Black are cotton → not follows (It is possible but not definite).

III. Some Cotton are Jacket → not follows (It is possible but not definite).

IV. Some Jacket are Blanket → not follows (It is possible but not definite).

Since conclusion I and IV form complementary pair.

Hence, either conclusion I or IV follows.

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