Correct Answer is: (a, b, & d)
Let m1 > m2, T = tension in rope.
If m2 is stationary, T = m2g.
∴ m1 must slide down with some acceleration.
If m1 is stationary, T = m1g.
∴ m2 must slide up with some acceleration.
If m2g < T = m1g, m1 can move down and m2 can move up.