The correct answer is: D. The limit must exist at the point and the value of limit should be same as the value of the function at that point.
A function is continuous at a point if the following two conditions are met:
- The function has a defined value at the point.
- The limit of the function as $x$ approaches the point exists and is equal to the value of the function at the point.
In other words, if a function is continuous at a point, then the graph of the function must pass through that point and the two-sided limit of the function as $x$ approaches the point must be equal to the value of the function at the point.
Option A is incorrect because if a function is continuous at a point, then the limit of the function must exist at that point.
Option B is incorrect because a function can be continuous at a point without being derivable at that point. For example, the function $f(x) = |x|$ is continuous at $x = 0$, but it is not derivable at $x = 0$.
Option C is incorrect because the limit of a function at a point can be any finite number, including infinity. For example, the function $f(x) = \frac{1}{x}$ has a limit of infinity as $x$ approaches zero.
I hope this explanation is helpful!