Consider the following:
I. A + B means A is neither smaller nor equal to B.
II. A – B means A is not greater than B.
III. A × B means A is not smaller than B.
IV. A ÷ B means A is neither greater nor equal to B.
V. A ≡ B means A is neither smaller nor greater than B.
Statement: P ÷ Q, P – T, T ÷ R, R ≡ S
Conclusion-1: Q ÷ T
Conclusion-2: S + Q
Which one of the following is correct in respect of the above Statement and the Conclusions?