Q. Which of the following acts as an oxidising as well as reducing agent?

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Solution:

As in , is in oxidation state, but nitrogen can have oxidation states from to , so it is in between the maximum and minimum oxidation state hence it can either get reduced or oxidized, depending on the conditions. It means it can act both as an oxidizing and a reducing agent. It can work both as oxidising as well as reducing agent.
(I) As an oxidising agent:

(II) As reducing agent: