Direction: In the question below are given some statements followed by some conclusions. You have to take given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts.

Statements:

Only few Bags are Purse

Only few Wallets are Purse

Conclusions:

I. Some Bags being Wallet is possibility

II. All Purses are Bags