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The correct answer is option 4 which includes statements I, II and IV.
Statement I is correct. The Government of India has indeed recognized Muslims, Sikhs, Buddhists, Christians, and Zoroastrians(Parsis) as minorities.
Statement II is also accurate. The National Commission for Minorities in India was granted a statutory status in 1993.
Statement IV is true as well. The Constitution of India acknowledges and safeguards both religious and linguistic minorities through specific constitutional provisions.
However, Statement III is incorrect, which makes option 3 wrong. While Zoroastrians are a small community in India, the smallest religious minority in India is Judaism, not Zoroastrianism as the statement claims.
Options 1 and 2 do not include all of the correct statements (I, II, and IV), and so, they are not the correct answers.