Study the following statements.
(i) Red light falling in the range of wavelength 660-760 nm is the most effective for photosynthesis.
(ii) Green light falling in the range of wavelength 500-580 nm is the least effective for photosynthesis.
(iii) Chl a, chl b, carotenes and xanthophylls are soluble in organic solvents.
(iv) Phycobilins (phycocyanin, allophycocyanin and phycoerythrin) are soluble in water.
Which of the above statement is/are incorrect?