(a) The magnification is positive for all virtual images and is negative for all real images.
(b) The magnification of the concave lens and convex mirror is always positive whereas the magnification of the convex lens and concave mirror can be positive or negative depending on the position of the object before the lens.
Both (a) and (b) are true
Magnification
Thus the correct option is option C. i.e. Both a and b are true.