The correct option is B Electron and positron pair will be created
For electron and positron pair production, minimum energy is 1.02 MeV.
Energy of photon is given: 1.7×10−3J=1.7×10−131.6×10−19=1.06MeV.
Since energy of photon is greater than 1.02 MeV, electron positron pair will be created.