Direction: In the following question, three statements are given followed by four conclusions I, II, III and IV. You have to consider the given statements to be true even, if they seem to be at variance with commonly known facts. Read all the conclusions and decide which of the following logically follows from the given statements disregarding the commonly known facts.

Statements:

All paper are pen.

Some pen are pencil.

No pencil is a eraser.

Conclusions:

I. No pen is a eraser.

II. All eraser being paper is a possibility.

III. Some Pencil are pen.

IV. Some eraser are pen.