Explanation:
(c) It shows oxidation and reduction (Redox) properties.
$\overset{0}{\mathop{{{P}_{4}}}}\,+3NaOH+3{{H}_{2}}O\to \underset{\begin{smallmatrix}
\,\,\,\,\,\,\,\text{Sodium} \\
\text{hypophosphite}
\end{smallmatrix}}{\mathop{3Na{{H}_{2}}P{{O}_{2}}}}\,+\overset{-3\,\,\,\,\,\,\,\,\,}{\mathop{P{{H}_{3}}}}\,$