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A
Limits current only
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B
Stores electrical energy (charge) and releases it when needed
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C
Converts AC to light
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D
Permanently blocks all current
Why this is the answer
A CAPACITOR STORES electrical energy (charge) in an electric field and releases it when needed. ASVAB Electronics Information tests components. Capacitors store charge on two plates separated by an insulator (dielectric); capacitance is measured in FARADS. Uses: smoothing/filtering power supplies, timing circuits, storing energy, blocking DC while passing AC. Unlike a resistor (which limits current) or battery (chemical storage), a capacitor stores energy electrostatically and can charge/discharge quickly. Knowing the capacitor stores and releases electrical energy is commonly tested.
Source: ASVAB Electronics Information — Capacitors