The correct option is C oxidation number of oxygen decreases as well as increases
The disproportionation reaction is a reaction in which a substance is simultaneously oxidized and reduced giving two different products.
H2O2+H2O2→2H2O+O2 is an example of disproportionation reaction because oxidation number of oxygen decreases as well as increases.
The oxidation number of oxygen in H2O2 is −1.
The oxidation number of oxygen in H2O is −2.
The oxidation number of oxygen in O2 is 0.
Thus, the oxidation number of oxygen increases from −1 (in H2O2) to 0 (in O2) and decreases from −1 (in H2O2) to −2 (in H2O).