Quarkus pod in CrashLoopBackOff while deploying new application in RHOCP 4

Issue

• Unable to Rollout of the deployment for the configured ENV variable.
• Starting the Java application using /opt/jboss/container/java/run/run-java.sh giving error:

Starting the Java application using /opt/jboss/container/java/run/run-java.sh ...
INFO exec java -server -XX:+UseShenandoahGC -XX:+AlwaysPreTouch -XX:+UseNUMA -XX:-UseBiasedLocking -XX:+UseLargePages -Xms256M -Xmx1024M -XX:MinHeapFreeRatio=10 -XX:MaxHeapFreeRatio=20 -XX:GCTimeRatio=4 -XX:AdaptiveSizePolicyWeight=90 -XX:+HeapDumpOnOutOfMemoryError -XX:HeapDumpPath=/tmp/ -XX:+UseParallelGC -XX:MinHeapFreeRatio=10 -XX:MaxHeapFreeRatio=20 -XX:GCTimeRatio=4 -XX:AdaptiveSizePolicyWeight=90 -XX:ParallelGCThreads=1 -Djava.util.concurrent.ForkJoinPool.common.parallelism=1 -XX:CICompilerCount=2 -XX:+ExitOnOutOfMemoryError -cp "." -jar /deployments/quarkus-run.jar
Error occurred during initialization of VM
Multiple garbage collectors selected

• Due to above mentioned error not able to deploy the new application version.
• Quarkus pod going in CrashLoopBackOff in every new deployments.