Statement (i): India possesses an extensive coastline, with the Indian Ocean to its south, the Arabian Sea to its west, and the Bay of Bengal to its east. This assertion is accurate.
Statement (ii): The Indian coastline features numerous well-established seaports, including major ones such as Mumbai, Kolkata, Chennai, and Kandla, which are crucial for substantial international trade. This assertion is accurate.
Statement (iii): While Kandla Port is significant for cargo handling in India, its primary function is not the substantial export of iron ore. Iron ore exports are predominantly managed through ports like Vishakhapatnam and Paradip. Consequently, this statement is inaccurate.
Statement (iv): Water transportation is demonstrably economical, particularly for large quantities of goods like bulk cargo, oil, and minerals, rendering this statement accurate.
Therefore, the accurate statements are (i), (ii), and (iv), identifying option (A) as the correct selection.