Correct option is A
From Statement 1: No boats are ships ⇒ “ships” and “boats” do not overlap.
From Statement 2: All ships are steamers ⇒ “ships” is a subset of “steamers.”
Conclusion I: Some boats are steamers. There is no information given that boats can be steamers. “No boats are ships” + “All ships are steamers” do not imply anything about whether boats overlap with steamers or not. This is not necessarily true.
Conclusion II: No ships are boats. This is just a restatement of “No boats are ships.” So, this is true.
Conclusion III: Some steamers are ships. Since all ships are steamers, it implies that “at least some steamers are ships.” That is true.
Hence, only II and III follow.