Direction: In each of the following question, statement is given followed by two conclusions numbered I and II. You have to consider the statement to be true, even it seems to be at variance from commonly known facts. You are to decide which of the following conclusions can be drawn definitely from the given statement.

Statement:

RBI directed entities not to provide services to those trading in "virtual currencies" i.e., cryptocurrencies. Despite RBI warnings the use of virtual currencies over the internet continues to remain prevalent in India.

Conclusions:

I. The aim of RBI circular was to choke the agencies that sought to provide a platform to facilitate trading in cryptocurrencies by cutting them off from banks.

II. RBI has not come out with a stand that any of the entities regulated by cryptocurrencies have suffered any loss on account of  cryptocurrency exchange.