The correct answer is: Neither I nor II follows.
The first statement is “All water is divine.” This means that every instance of water is divine. The second statement is “All temples are divine.” This means that every instance of a temple is divine.
The first conclusion is “All water is temple.” This would mean that every instance of water is also an instance of a temple. However, this does not follow from the premises. The premises only say that all water is divine and all temples are divine. They do not say that all divine things are temples or that all temples are water.
The second conclusion is “All temples are water.” This would mean that every instance of a temple is also an instance of water. However, this does not follow from the premises either. The premises only say that all water is divine and all temples are divine. They do not say that all divine things are water or that all temples are water.
Therefore, neither conclusion I nor conclusion II follows from the premises.