Statements: All the pencils are pens. All the pens are inks.
Conclusions:
I. All the pencils are inks.
II. Some inks are pencils.

Question: Statements: All the pencils are pens. All the pens are inks.

Conclusions:
I. All the pencils are inks.
II. Some inks are pencils.

Solution:
Statements:
I. All the pencils are pens.
II. All the pens are inks.

Therefore, Pencils ⊂ Pens ⊂ Inks

Conclusion I:
All the pencils are inks.
Since all pencils are pens and all pens are inks,
Pencils ⊂ Inks
So, Conclusion I follows.

Conclusion II:
Some inks are pencils.
From the statement: All the pencils are pens.
Since all pencils are included within the set of inks, some inks are pencils.

So, Conclusion II follows.

So, correct answer is ঘ) Both (1) and (2) follow.