The correct option is D Bromine is both reduced and oxidized
In the following reaction the oxidation state of bromine in the reactant side is zero, when it changes to BrO−3 it get oxidised by gaining oxygen and its oxidation state changes to +5 which indicates oxidation by lossing 5 electrons. In 5Br− the oxidation state of bromine is -1, indicates reduction by gaining 1 electron. Hence bromine is both reduced and oxidized