Correct option is B
Statements:
The old level are replaced by new leaves.
Conclusions:
I. There can be no new leaves without old leaves.
This is an extreme statement and is not implied by the given information.
New leaves can grow regardless of whether old leaves exist or not, so this does not follow.
II. Old leaves are useless.
The statement does not imply that old leaves are useless, it only mentions that they are replaced.
There is no information suggesting that old leaves have no value, so this conclusion also does not follow.
Neither conclusion I nor II follows.
Thus, correct option is (b).