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Option 5 : Neither conclusion I nor II follows

Consider the following least possible Venn diagram,

[ alt="SBI PO Neha 13 Feb 21 Q HinRev Manoj.docx 6" src="//storage.googleapis.com/tb-img/production/20/03/SBI_PO_Neha_13_Feb_21_Q_HinRev_Manoj.docx%206.PNG" style="width: 232px; height: 119px;">

Conclusions:

I. All Less being More is a possibility → False (As Only Less is Small, all Less cannot be part of More. So, it is 

II. Some Small is More → False (As only less is small and no one else can become small. So, it is false)

Hence, ​Neither conclusion I nor II follows.
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