The correct options are
A If an element is in its highest possible oxidation state in a compound, the compound can function as an oxidizing agent.
B If an element is in its intermediate oxidization state in a compound, the compound can function both as an oxidizing agent as well as reducing agent
C If an electronegative element is in its lowest possible oxidation state in a compound or in free State, it can function as a powerful reducing agent.
Tips for the identification of oxidizing and reducing agents
(i) If an element is in its highest possible oxidation state in a compound, the compound can function as an oxidizing agent, e.g. KMnO4,K2Cr2O7,HNO3,H2SO4,HClO4 etc.
(ii) If an element is in its lowest possible oxidation state in a compound, the compound can function only as a reducing agent, e.g. H2S,H2C2O4,FeSO4,Na2S2O3,SnCl2 etc.
(iii) If an element is in its intermediate oxidation state in a compound, the compound, the compound can function both as an oxidizing agent as well as reducing agent, e.g. H2O2,H2SO3,HNO2,SO2 etc.
(iv) If a highly electronegative element is in its highest oxidation state in a compound, that compound can function as a powerful oxidizing agent, e.g. KClO4,KClO3,KBrO3,KIO3 etc.
(v) If an electronegative element is in its lowest possible oxidation state in a compound or in free state, it can function as a powerful reducing agent, e.g. I−,Br−,N3− etc.