Step 1: Check statement (i):
A polycistronic mRNA carries the code for more than one polypeptide. Such mRNA is found in bacteria (prokaryotes).
Eukaryotic mRNA is monocistronic. So (i) is FALSE.
Step 2: Check statement (ii):
In eukaryotes RNA polymerase II makes the precursor of mRNA, called hnRNA (heterogeneous nuclear RNA). It is then processed. So (ii) is TRUE.
Step 3: Check statement (iii):
Translation starts when the mRNA binds to the small subunit of the ribosome. The large subunit joins after the initiator tRNA is in place.
So (iii) is FALSE.
Step 4: Check statement (iv):
The stop codons UAA, UAG and UGA do not code for any amino acid, and no tRNA matches them. Release factors read them instead. So (iv) is TRUE.
Step 5: Choose the option:
Only (ii) and (iv) are correct. This is option (C). Options (A), (B) and (D) each contain a false statement.
Final Answer:
Statements (ii) and (iv) are correct, so the answer is option (C).