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The correct answer is option 1: Edited by Feroz. Let`s dissect each option:
Option 1: Edited by Feroz
From statement (i), we know that Feroz edited the magazine published by Dev Publishers. Since no specific subject is associated with Feroz or Dev Publishers in the other statements, it`s possible the magazine is about sports.
Option 2: Edited by Gurbaksh
Since Gurbaksh isn`t mentioned in any of the conditions given, we have no information to suggest that he edited the magazine on sports. This makes it less likely than option 1.
Option 3: Published by Bharat Publishers
Without further information linking Bharat Publishers to the sports magazine, it`s less likely this is the correct answer.
Option 4: Published by Charan Publishers
Statement (iii) tells us that the film magazine is not published by Charan Publishers, but gives no information about the sport magazine`s publisher. Without more information to link Charan Publishers to the sports magazine, this option is less likely than option 1. So, the correct answer remains option 1.