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Option 4 : None follows.
The least possible Venn diagram for the given statements is as follows,
[ alt="01.10.2018.300360" src="//storage.googleapis.com/tb-img/production/18/10/01.10.2018.300360.PNG" style="height:60px; width:295px">
Conclusions:
I. Some lions are pencils → False (It is possible but not definite)
II. Some pens are lions → False (It is possible but not definite)
III. Some pencils are lions→ False (It is possible but not definite)
Thus, none follows.
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