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Answer: (B) Neither conclusion (I) nor (II) follows.
Explanation
Representing the statements using sets: Lions are entirely contained within Monkeys, Monkeys and Cats have a partial overlap, and Pigs are entirely contained within Cats.
Since Pigs are located inside the set of Cats, and Cats only partially overlap with Monkeys, Pigs do not necessarily overlap with Monkeys. Furthermore, Lions are a subset of Monkeys, so there is no definite relation established between Pigs and Lions.
Since neither relation is guaranteed to hold true in all possible Venn diagram representations, neither conclusion (I) nor (II) logically follows.