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Option 2 : Only II follow
The least possible Venn diagram for the given statements is as follows,
[ alt="RRBOA MFT9 17 Aug 20q part2 Reviewed images q6" src="//storage.googleapis.com/tb-img/production/18/09/RRBOA_MFT9_17%20Aug_20q_part2%20Reviewed_images_q6.PNG">
Conclusions:
I. All lifts are tapes → False (it is possible but not definite)
II. Some lifts are old → True (as shown in the diagram)
III. No Lift is old → False (As some tapes are old and all tapes are lift, some lift will definitely be old. Hence this statement is definitely false)
Therefore, only conclusion II follows.
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