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Option 2 : Only II and III follow 

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

[ alt="D1Q5" src="//storage.googleapis.com/tb-img/production/18/08/D1Q5.PNG" style="height:123px; width:241px">

Conclusions:

I. Some Dress are Bus → It is not definitely sure, hence false.

II. Some Net are Train → It is definitely sure, hence right.

III. Some Branch are Train → It is definitely sure, hence right.

IV. Some Dress are Train → It is not definitely sure, hence false.

Hence, only conclusion II and III are follow.

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