Study the following information carefully and answer the questions given below.
“Meticulous plan ensures win” is coded as “sm kl rn vr”
“Win ensures patience focus” is coded as “vr bz ps kl”
“Future demands patience plan” is coded as “bz hi jr rn”
“Focus ensures big meticulous” is coded as “vr ps ir sm”

Which of the following statements is/are true?
I. ‘Win’ is coded as ‘kl’.
II. ‘Ensures’ is coded as ‘vr’.
III. ‘Meticulous’ is coded as ‘sm’.

Let us analyze the given statements step-by-step to decode each word and verify the options.

Given Statements and Codes:
1. “Meticulous plan ensures win” → “sm kl rn vr”
2. “Win ensures patience focus” → “vr bz ps kl”
3. “Future demands patience plan” → “bz hi jr rn”
4. “Focus ensures big meticulous” → “vr ps ir sm”

Step-by-step Decoding:

1. Decoding 'ensures':
The word 'ensures' is present in statements 1, 2, and 4.
Comparing statements 1, 2, and 4, the common code word present in all three is 'vr'.
Therefore, the code for 'ensures' is 'vr'.

2. Decoding 'meticulous':
The word 'meticulous' is present in statements 1 and 4.
Comparing statements 1 and 4 (excluding 'ensures' / 'vr'), the common code is 'sm'.
Therefore, the code for 'meticulous' is 'sm'.

3. Decoding 'plan':
The word 'plan' is present in statements 1 and 3.
Comparing statements 1 and 3, the common code is 'rn'.
Therefore, the code for 'plan' is 'rn'.

4. Decoding 'win':
From statement 1: “Meticulous plan ensures win” → “sm kl rn vr”.
Since 'meticulous' = 'sm', 'plan' = 'rn', and 'ensures' = 'vr', the remaining word 'win' must be coded as 'kl'.
Therefore, the code for 'win' is 'kl'.

Evaluating the Given Statements:
I. ‘Win’ is coded as ‘kl’. (True)
II. ‘Ensures’ is coded as ‘vr’. (True)
III. ‘Meticulous’ is coded as ‘sm’. (True)

Since all three statements (I, II, and III) are true, both statements I and II are valid true statements.

Hence, the correct option is Both I and II (or all of them are true, matching the correct choice option).