Answer:
DNA replication is a process which makes the exact copies of the DNA during cell division.
Since DNA is present in organisms in double helical form so, each strand of DNA in the double helix serve as a template for formation or duplication of the genetic material identical to the original DNA.
DNA replication occurs with high level of accuracy and fidelity due to the proofreading mechanism of enzyme DNA polymerase which adds new nucleotide base pairs to the new strand ensuring error less process.
Thus, DNA template and proof-reading mechanism exhibited by DNA polymerase are the correct answer.