Modern view about nature of light is that light behaves as

Explanation

The correct answer is that light behaves as both waves and particles. This is known as wave-particle duality, a fundamental concept in quantum mechanics. Light shows wave-like behavior in experiments involving interference and diffraction, while it exhibits particle-like properties, such as in the photoelectric effect, where light is absorbed in discrete units called photons. The options 'Waves only' and 'Particles only' are incorrect because they do not encompass the dual nature of light. 'None of these' is incorrect as the dual nature is a key aspect of light's behavior.