The correct option is A True
It acts as both oxidant and reductant. Treatment of basic solutions with sulphur dioxide affords sulphite salts. Sulphur in the +4 oxidation state sulphur dioxide is a reducing agent.
2NaOH+SO2→Na2SO3+H2O
Sulphur dioxide is oxidized by halogens to give the sulphuryl halides such as sulphuryl chloride. Sulphur dioxide acts as oxidising agent.
SO2+Cl2→SO2Cl2