The correct option is D (ii) and (iv)
According to the reactivity series, Zn is more reactive than Fe, and Fe is more reactive than Cu. Reactivity of metals: Mg > Zn > Fe > Pb > Cu. As a result, only in these two cases, reactants can undergo displacement reaction under appropriate conditions.
FeSO4(aq) + Zn(s) →ZnSO4(aq) + Fe(s)
CuSO4(aq) + Fe(s) → FeSO4(aq) + Cu(s)
MgSO4(aq) + Fe(s) → No reaction
MgSO4(aq) + Pb(s) → No reaction