SSC Steno Grade C and D 16 Oct 2011 Paper

Two statements are given followed by two inferences I and II. You have to consider the statements to be true even if they seem to be at variance from commonly known facts. You are to decide which of the given inferences can definitely be drawn from the given statements.
Statements : 1. All cupboards are watches.
2. All watches are costly.
Inferences : I. All cupboards are costly.
II. Some costly things are cupboards.