Explanation
The correct answer is B: (ii) And (iii) Only.
Both Buddhism and Jainism rejected the authority of the Vedas and the efficacy of rituals. They also believed in the idea of karma and rebirth. However, their attitudes towards penance and enjoyment differed.
Buddhism taught the Middle Way, which avoided the extremes of self-indulgence and self-mortification. Jainism, on the other hand, emphasized asceticism and believed in the necessity of extreme practices like fasting and non-violence to achieve spiritual liberation.
Therefore, option (i) is not common to both Buddhism and Jainism, whereas options (ii) and (iii) are common to both.
