Concept:
The standard equation of a general circle is $x^2 + y^2 + 2gx + 2fy + c = 0$. The centre of this circle is given by the coordinates $(-g, -f)$ and its radius is calculated using the formula $r = \sqrt{g^2 + f^2 - c}$.
Step 1: Identify the coefficients from the given equation.
The given equation is $x^2 + y^2 - 4x + 2y = 0$.
By comparing this with the standard equation $x^2 + y^2 + 2gx + 2fy + c = 0$, we extract:
$2g = -4$
$2f = 2$
$c = 0$
Step 2: Solve for g and f.
Divide by 2 to find the values of $g$ and $f$:
$g = -2$
$f = 1$
Step 3: Determine the centre of the circle.
The centre of the circle is located at $(-g, -f)$.
Substitute the values we just found:
$$\text{Centre} = (-(-2), -(1)) = (2, -1)$$
Step 4: Calculate the radius.
Plug $g$, $f$, and $c$ into the radius formula $r = \sqrt{g^2 + f^2 - c}$:
$$r = \sqrt{(-2)^2 + (1)^2 - 0}$$
$$r = \sqrt{4 + 1}$$
$$r = \sqrt{5}$$
Step 5: Match with the given options.
The centre is $(2, -1)$ and the radius is $\sqrt{5}$.
This exactly matches option (C).
Hence the correct answer is (C) $(2,-1)$ and $\sqrt{5$}.