Pleurotus or “oyster mushroom” possesses medicinal and health-promoting effects. These species been used as medicinal mushrooms for long time they contain several compounds with important properties. Hence 1 is correct. Psilocybin or magic mushrooms are naturally and are consumed for their hallucinogenic They are psychedelic drugs, which means they affect all the senses, altering a person's thinking, of time and emotions. Hence statement 2 is Recently, an increasing number of mushrooms have found to contain insecticidal compounds. Among are species of Lactarius (Russulaceae), which react wounding by exuding a milky fluid and/or color reactions (Ramsbottom, 1954), which could be a reaction. Hence statement 3 is correct. Some mushrooms use luciferins—light-emitting found in other glowing animals and attract insects. Hence statement 4 is correct.