The correct option is B lies below the line for one of the reactions (ii) to (iv)
A metal oxide MO(s) can be reduced by carbon or carbon monoxide successfully when the line in Ellingham diagram for reaction (i):
lies below the line for one of the reactions (ii) to (iv).
This is because, at a given temperature, the free energy change for the oxidation of metal to metal oxide will be more positive (or less negative) than that for the reactions (ii) to (iv)
A reaction is spontaneous when the free energy change is negative.