Which of the following statements is correct keeping the requirement of formation of government in view:
Statement i: It is possible for independent candidates to form a government.
Statement ii: Government formation is exclusively reserved for political parties.
Statement iii: The formation of government is limited to only elected political parties.
Statement iv: Government can only be formed by political parties that are elected and hold a majority.

Options:

a. Statement i and ii are right.
b. Statement i, ii, and iii are right.
c. Statement iii is right.
d. Only statement iv is right