1.  Statement : Parents are prepared to pay any price for an elite education to their children.
Conclusions : 

I.  All parents these days are very well off.
II. Parents have an obsessive passion for a perfect development of their children through good schooling.

A. Only conclusion I follows.
B. Only conclusion II follows.
C. Either I or II follows.
D. Neither I nor II follows.
E. Both I and II follows.

Answer: Option B

Explanation:

The statement implies that people are inclined towards giving their children good education. So, only II follows while I does not.