What is a paramagnetic substance? If a small bar of a paramagnetic substance is placed in a non-uniform magnetic field,in which direction does it move?

The relative permeability is represented by $\mu_r$ and the susceptibility is denoted by $\chi$ for a magnetic substance. Then for a paramagnetic substance:

Any magnetic material loses its magnetic property when it is

Given below are two statements:
Statement $I:$ For a diamagnetic substance $-1 \leq \chi < 0$,where $\chi$ is the magnetic susceptibility.
Statement $II:$ Diamagnetic substances,when placed in an external non-uniform magnetic field,tend to move from the stronger to the weaker part of the field.
In the light of the above statements,choose the correct answer from the options given below.

Which of the following is the most suitable material for making a permanent magnet?

Explain paramagnetism and paramagnetic substances.