Step 1: Concept
The equation of such a parabola is $x^{2} = 4ay$.
Step 2: Analysis
Differentiate with respect to $x$: $2x = 4a\frac{dy}{dx}$.
From the original equation, $4a = x^{2}/y$.
Step 3: Calculation
Substitute $4a$: $2x = \frac{x^{2}}{y}\frac{dy}{dx}$
$2y = x\frac{dy}{dx} \implies x\frac{dy}{dx} - 2y = 0$.
Step 4: Conclusion
Hence, the correct differential equation is $x\frac{dy}{dx}-2y=0$.
Final Answer: (A)