Question

In the question below are given some statements followed by some conclusions. You have to take the given statements to be true even if they seem to be in variance with commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts. Statements: All Quarterly are Yearly. Only few Yearly are Monthly. Only few Monthly are Daily. No Daily is a Weekly. Conclusions:
I. Some Monthly not being Daily is a possibility.
II. Some Quarterly are Monthly.
III. Some Yearly being Weekly is a possibility.

A Both conclusion II and III follow.
B Only conclusion III follows.
C Only conclusion I follows.
D Both conclusion I and II follow.
E None of the above.
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