This problem is providing two reduction-oxidation (redox) reactions in which the oxidized and reduced species can be identified by firstly setting the oxidation number of each element:
Reaction 1: 2K⁺I⁻ + H₂⁺O₂⁻ ⇒2K⁺O⁻²H⁺ + I₂⁰
Reaction 2: Cl₂⁰ + H₂⁰ ⇒ 2H⁺CI⁻
Next, we can see that iodine is being oxidized and oxygen reduced in reaction #1 and chlorine is being reduced and hydrogen oxidized in reaction #2 because the oxidized species increase the oxidation number whereas the reduced ones decrease it.
In such a way, the correct choice is C.
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