Answer: A. A is correct. A potential energy function exists only for a conservative force, whose work between two points is path-independent; gravity near Earth's surface satisfies this, giving U = mgh (NCERT Class 11 Physics Chapter 5, page 78).
Why B is wrong: B is wrong because the work done against kinetic friction depends on the length of the path taken, so no single-valued function of position can represent it.
Why C is wrong: C is wrong because drag, like friction, dissipates energy along the path and its work is route-dependent, so no potential energy can be assigned.
Why D is wrong: D is wrong because a force that varies with time rather than being a fixed function of position cannot define a potential energy at each point in space.