Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance with commonly known facts, decide which of the given conclusions logically follow(s) from the statements.
Statements:
I. Some pens are staplers.
II. Some staplers are erasers.
III. Some erasers are notebooks.
Conclusions:
(I) Some notebooks are pens.
(II) Some erasers are pens.

​Statements:
I. Some pens are staplers.
II. Some staplers are erasers.
III. Some erasers are notebooks.

​Conclusions:
(I) Some notebooks are pens - Not follow (The given statements do not establish a direct or indirect connection between notebooks and pens).​
(II) Some erasers are pens - Not follow (There is no direct connection between erasers and pens).​

So, neither Conclusion I nor Conclusion II logically follows.

Thus, the correct option is: (b)