Assertion :KIO3 reacts with KI to liberate iodine which is titrated with standard hypo solution. The reactions are:
(i) IO−3→I2 (Valency factor = 5/3)
(ii) I2+S2O23→S4O2−6+I− (Valence factor =2)
Milliequivalent of hypo= meq. of I2=meq. of IO−3.