Single displacement reaction involves:
Redox
A single-displacement reaction, also named single-replacement reaction, is a type of oxidation-reduction chemical reaction when an element or ion moves out of one compound and into another - that is, one element is replaced by another in a compound.
For example, here in the given reaction:
2AgNO3(aq) + Zn → 2Ag(s) + Zn(NO3)2(aq)
Zn is oxidised as it loses electrons, while 2AgNO3 is reduced as it gains electrons.