Explanation:

Statements:   M < A ≤ P > X,       P ≥ B = C < Y,      C ≥ D > F = L
Conclusions:   P ≥ D,       M < C
For conclusion I: P ≥ D
Combining statements II and III, we get:
P ≥ B = C ≥ D
Here, the common sign between P and D is ‘≥’ and given conclusion is P ≥ D. Hence, P ≥ D follows.
For conclusion II: M < C
Combining statements I and II, we get:
M < A ≤ P ≥ B = C
Here, we get opposite signs between M and C and given conclusion is M < C, thus we cannot define any relation between M and C. Hence, M < C does not follow.
Hence, the correct answer would be only conclusion I follows.