Step 1: Evaluating each statement.
- (i) Brazil’s GDP is higher than Italy’s GDP: This was true around the early 2010s when Brazil’s economy surpassed Italy’s in nominal GDP, especially during the commodity boom. ✔️
- (ii) Dilma Rousseff was elected as President of Brazil: Correct. She served as the 36th President of Brazil from 2011 to 2016. ✔️
- (iii) Maracana stadium hosted world cup football final: True. The Maracanã stadium in Rio de Janeiro hosted the FIFA World Cup finals in 1950 and 2014. ✔️
- (iv) Of all of Brazil’s neighbours, Argentina has the longest border: False. Brazil shares its longest border with Bolivia, not Argentina. ❌
- (v) Real is the currency of Brazil: Correct. The Brazilian currency is the Real (BRL). ✔️
Step 2: Identifying the correct set.
The false statement is (iv). The true ones are (i), (ii), (iii), and (v).
So, the option that contains only correct statements is: (D) i, ii, iii, v.
\[
\boxed{\text{Correct non-false statements: i, ii, iii, v}}
\]