This question and the following one were a part of a linked comprehension in the (IIT-JEE, 2008) exam. Redox reactions play a pivotal role in chemistry and biology. The values of standard redox potential (E⊖) of two half cell reactions decided which way the reaction is expected to proceed. A simple example is a Daniell cell in which zinc goes into solution and copper gets deposited. Given below are a set of half cell reactions (acidic medium) along with their E⊖ (V with respect to normal hydrogen electrode) values. Using this data, obtain correct explanations for the follwing questions. I2+2e−→2I⊖; E⊖=0.54 Cl2+2e−→2CI⊖; E⊖=1.36 Mn3++e−→Mn2+; E⊖=1.50 Fe3++e−→Fe2+; E⊖=0.77 O2+4H⨁+4e−→2H2I; E⊖=1.23 Among the following, identify the correct statement.