The correct option is B H2O is the oxidising agent.
The reaction:
H2O(steam) + C → CO + H2.
Oxidation states,
+1 for H 0 for C +2 for C 0 for H
Oxidation state of C is increasing so it is being oxidised by H2O so, H2O is oxidant.
Oxidation state of H is decreasing so it is being reduced by C. So, C is reductant.