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 paise are rupee.
II. All rupee is money.
III. No money is water.
Conclusions:
(1): Some rupee is water.
(II): Some money is water.

Statements:
I. Some paise are rupee.
II. All rupee is money.
III. No money is water.

(1): Some rupee is water (Not follow, There is no any direct relation between rupees and water.
(II): Some money is water (Not follow, There is also no any direct relation between money and water.

Thus, the correct option is (c) Neither conclusion (1) nor (II) follows.​