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Option 3 : Both the conclusions follow
Consider the following least possible Venn diagram,
[ alt="SBI PO Neha 13 Feb 21 Q HinRev Manoj.docx 4" src="//storage.googleapis.com/tb-img/production/20/03/SBI_PO_Neha_13_Feb_21_Q_HinRev_Manoj.docx%204.PNG" style="width: 210px; height: 110px;">
Conclusions:
I. No jug is jar → True (because only pot is jar and no one else can become a jar).
II. Some pot are jar → True (Clearly shown in the Venn diagram).
Hence, both the conclusions follow.
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