Three statements are given, followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at variance with commonly known facts, decide which of the conclusions logically follow(s) from the statements.

Statements:

Some Bangles are Bracelets.

All chains are Rings.

Some Bracelets are Chains.

Conclusions:

(I) Some Bangles are Rings.

(II) Some Chains are Bangles.

(III) Some Rings are Bracelets.

1
Only Conclusion III follows.
2
Both Conclusions I and II follow.
3
Both Conclusions I and III follow.
4
Only Conclusion I follows.

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