<u>Answer:</u> The correct answer is Option 1 and Option 2.
<u>Explanation:</u>
Redox reactions are termed as the reactions in which reduction and oxidation reactions occur simultaneously.
Reduction reactions are the ones where a substance gains electrons. The oxidation state of the substance gets reduced.
Oxidation reactions are the ones where a substance looses electrons. The oxidation state of the substance is increased.
All the given reactions are a type of single displacement reactions. In this, a more reactive metal displaces a less reactive metal from its chemical reaction. The reactivity is determined from a series known as reactivity series. A metal which lies above in the series is more reactive than the metals which lie below in the series.

From the given options:
<u>Option 1:</u> 
Here, nickel lies above in the series than lead. Thus, it will easily replace lead from its chemical reaction.
<u>Option 2:</u> 
Here, aluminium lies above in the series than silver. Thus, it will easily replace silver from its chemical reaction.
<u>Option 3:</u> 
Here, nickel lies below in the series than zinc. Thus, it will not easily replace zinc from its chemical reaction.
<u>Option 4:</u> 
Here, cadmium lies below in the series than iron. Thus, it will not easily replace iron from its chemical reaction.
Thus, the correct answer is Option 1 and Option 2.