Correct Answer - Option 4 : Both I & II are True
Given Statement: P < A = T ≥ N; H < Y > D = E ≥ R < A ≥ B; E = L ≥ I
On combining: H < Y > D = E ≥ R < A = T ≥ N; E = L ≥ I; P < A
Conclusion:
I. Y > L → True (as Y > D = E = L → Y > L)
II. A ≥ N → True (as A = T ≥ N → A ≥ N)
III. A = E → False (as E ≥ R < A → thus clear relation between A and E cannot be determined)
Therefore, both conclusions I & II are True.