Answer: The correct option is B.
Explanation:
An element is the simplest substance which cannot be divided further and is made up from only one type of atoms. Example: oxygen, nitrogen etc.
A compound is defined as a substance which is formed by the combination of two or more elements in a fixed ratio. Example: etc.
A mixture is formed by the combination of elements or compounds in a non-uniform ratio. Example: Salt in water
Option A: Steel is a alloy of 96% iron, carbon and many other elements. This is a homogeneous mixture of more than 2 elements. Hence, it is considered as a mixture because elements are not present in a fixed ratio.
Option B: Formula for sugar is . This is a compound made from the elements: Carbon, Hydrogen and Oxygen in a fixed ratio of 12 : 22: 11. Hence, it is considered as a compound.
Option C: Air is a mixture of many gases. Gases present in air are nitrogen, oxygen, argon , carbon dioxide etc. These gases are not present in fixed ratio.
Option D: Nitrogen is the simplest unit of substance. It is considered as an element.
Hence, the correct option is B.