(i) A yellow precipitate of lead iodide appears at the bottom of the test tube.
(ii) It is an example of double displacement reaction.
(iii) The balanced equation for the reaction is :
`Pb(NO_(3))_(2)(aq) + 2KI(aq) to underset("(Yellow ppt.)")(PbI_(2)(s)) + 2KNO_(3)(aq)`