To solve this question, the user needs to be familiar with the movies of Rajinikanth and the director Balachander.
The correct answer is:
A. Thillu Mullu
Option A is the correct answer because it is the movie where Rajinikanth starred in the characters named Indiran and Chandran, which was directed by Balachander, and was a great comedy hit.
Option B is incorrect because the movie Raagavendra did not have a character named Indiran or Chandran played by Rajinikanth.
Option C is incorrect because the movie Aarilirundhu Arubathu Varai did not have Rajinikanth playing the characters named Indiran or Chandran.
Option D is incorrect because the correct answer is A, Thillu Mullu.