When ethyl iodide is treated with alcoholic potash, we get :
When ethyl iodide is reacted with alcoholic potash we get ethylene. This reaction is called as dehydro halogenation which is a elimination reaction. This is a process of preparing alkenes from haloalkanes.
CH3−CH2−I + alc KOH → CH2=CH2+ KI+H2O
Hence option D is correct.