Correct option is B
(1) Some cats are rats.
(2) All rats are dogs.
(3) All dogs are monkeys.

(I) Some monkeys are cats: (True)
Since some cats are rats, and all rats are dogs (which are also monkeys), so this conclusion follows.
(II) All monkeys are rats: (False)
Not true, as not all monkeys are confirmed to be rats based on the given statements.
Thus, the correct option is (b) Only conclusion I follows.