Correct Answer - C
One CHO is oxidised to `CO O^(-)` and one CHO is reduced to `CH_(2)OH`.
Thus, it is not a disproportionation reaction. It is intramolecular redox reaction. Thus, options (a) and (b) are true and `{:(CHO),("|"),(CHO):}` is reducing as well as oxidising agent.
Thus, (d) is also true. Thus, (c) is incorrect.