Choose the correct option about the given circuit diagram.i. The compass needle deflects when switch is put on.ii. The compass needle has magnetism.iii. The wire is a permanent magnet.iv. The current carrying wire acts like a magnet.

Statements i, ii, iii are correct
Statements i, iii, iv are correct
Statements i, ii, iv are correct
Only statements i and ii are correct. [1]
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the answer is only statements i ii and iv are correct
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