Consider the following statements :
Statement I :
Circular economy reduces the emissions of greenhouse gases.
Statement II :
Circular economy reduces the use of raw materials as inputs.
Statement III :
Circular economy reduces wastage in the production process.
Which one of the following is correct in respect of the above statements?
1
Both Statement II and Statement III are correct and both of them explain Statement I
2
Both Statement II and Statement III are correct but only one of them explains Statement I
3
Only one of the Statements II and III is correct and that explains Statement I
4
Neither Statement II nor Statement III is correct