Correct Answer - D
`C_(2)H_(5)OH` first reacts with `Mg` metal to form `(C_(2)H_(5)O)_(2)Mg`.
`2C_(2)H_(5)OH+Mg rarr (C_(2)H_(5)O)_(2)Mg+H_(2)`
`C_(2)H_(5)OH` can be regenerated by reacting
`(C_(2)H_(5)O)_(2)Mg` with water
`(C_(2)H_(5)O)_(2)Mg+2H_(2)O rarr Mg(OH)_(2)+2C_(2)H_(5)OH`.