In given questions, two statements followed by two conclusion number I and II have been given. You have to take the two given statements to be true even if they seem to be at variance from commonly know facts and then decide which of the given conclusions logically follow from the given statements disregarding commonly know facts:
Statement: All deposits are accounts.
No deposit is a loan.
Conclusions: I. At least some loans are accounts.
II. No loan is an account.
(a) Neither conclusion I nor II is true
(b) Only conclusion II is true
(c) Only conclusion I is true
(d) Both conclusion I and II are true
(e) Either conclusion O or II is true

Explanation

(e) Either conclusion I or II is true