[TIFR-GS 2011, Part B, problem no. 1] Let $A$ be a $2×2$ matrix with complex entries. The no. of $2×2$ matrices A with complex entries satisfying the equation $A^3=A$ is infinite. They asked if the statement is true or false.
From the given equation, I've found that the eigenvalues of $A$ can be $0$, $1$, and $-1$. Now I took a trial matrix and tried to satisfy the equation, but it doesn't help in any way. Any help would be appreciated.