Learn English – Should we say “fruits and vegetables” or “fruit and vegetables”

The quick answer: In most contexts, these two words are effectively synonyms, especially when discussing possibility, e.g. "(Can/Could) you [perform some action]?".

Longer answer:

There is a somewhat subtle difference in these two phrases that becomes a lot less subtle in different contexts. Let's take the words one at a time:

• Can deals with actual, literal ability to perform an action. When you ask if someone can explain something, you are literally asking whether they are capable of explaining it. Edit: It is important to note that, as @J.R. has pointed out, this is by no means the only use (or even the most common use) of the word can or the phrase can you .... This construction is often abused to mean effectively the same thing as could you..., i.e. would you be willing to..., etc.

• Could deals with the possibility of performing an action. It is definitely a subtle difference, but basically, when you discuss possibility, you generally are aware of their ability to do it but are tentative about their willingness or availability to perform the action. This is by no means an exact definition.

It is also worth noting that the word could is actually the past tense of can. In English, using the past tense form of a word in this way is often meant to indicate tentativeness.

I wanted to talk with you.
I wondered if you would be available this afternoon.
I thought it might a good idea.

In the first sentence, the following is used as a noun.

EDIT: However, the most accepted use of below is as an adverb. (Up until today, I thought that it could function as an adjective, please see the comments below).

So in order for the second sentence to be grammatically correct, you would need to say,

Which of the sentences below is correct?

With the grammatical change, there is no difference in meaning, and either sentence could be used.