Explain redox reaction on the basis of electron transfer, Given suitable examples.

Explanation

### Step-by-Step Text Solution:

**Step 1: Define Redox Reaction**
A redox reaction, short for reduction-oxidation reaction, is a chemical reaction in which both oxidation and reduction occur simultaneously.

**Step 2: Understand Oxidation and Reduction**
- **Oxidation** is defined as the loss of electrons by a substance.
- **Reduction** is defined as the gain of electrons by a substance.
...