Statement:- All colours are Pictures. Some colours are Necklaces.
Conclusions: I. Some pictures are Necklaces. II. All Necklaces are being colors is a possibility.
1) if only conclusion I follows.
2) if only conclusion II follows.
3) if either conclusion I or conclusion II follows.
4) if neither conclusion I nor conclusion II follows.
5) if both conclusions I and II follow.

Explanation

4, if neither conclusion I nor conclusion II follows