Correct option is B
As per the statement conclusion(I) Books are only in libraries – not follows because only book is in library is not possible.
Conclusion (II) Libraries are meant for books only = library has book it mean not only books are in the library. So, it is not followed.
Conclusion (III) - No library is without book = in the statement every library has book so this conclusion is true
Conclusion (IV) Some libraries do not have readers = it is not follows as per the statement.
Therefore, only conclusion (III) follows.