A compound 'X' is acidic and it is soluble in NaOH solution, but insoluble in NaHCO₃ solution. Compound 'X' also gives violet colour with neutral FeCl₃ solution. The compound 'X' is :

Compound I is heated with Conc. HI to give a hydroxy compound A which is further heated with Zn dust to give compound B. Identify A and B.

Choose the correct option for the following reactions.

Identify the major products A and B for the below given reaction sequence.