EBS gp3 volumes allow you to independently configure IOPS and throughput, up to 16,000 IOPS, regardless of the volume size, and at a lower cost compared to io1/io2 provisioned IOPS volumes. This meets the requirement for cost-effective, predictable IOPS performance for Amazon RDS for PostgreSQL.

AWS Documentation Extract:

" With gp3 volumes, you can provision performance independent of storage capacity, up to 16,000 IOPS. This allows for cost-effective scaling for applications that require high performance at a lower price point compared to io1. "

(Source: Amazon EBS documentation, gp3 Volumes)

A: gp2 ties IOPS to volume size; 5 TiB is wasteful if only 15,000 IOPS are needed.

B: io1 works but is significantly more expensive than gp3 for most workloads.

D: Magnetic volumes do not support high IOPS.