The correct option is D Secretes oxytocin during parturition
Placenta is an intimate vascular connection between the growing foetus and mother. It provides oxygen and nutrients to the growing embryo. Secretion of hormones as oestrogen, hCG, hPL, etc. to facilitate removal of carbon dioxide and waste materials from embryo. Oxytocin is not secreted from the placenta but from the maternal posterior lobe of pituitary gland.