In which of the following reactions, hydrogen is evolved? I. $\text{Reaction of sodium borohydride with iodine}$ II. $\text{Oxidation of diborane}$ III. $\text{Reaction of boron trifluoride with sodium hydride}$ IV. $\text{Hydrolysis of diborane}$
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$\text{B}_2\text{H}_6$ (Diborane) reactions are key. It is a highly reactive, electron-deficient compound. It evolves hydrogen upon hydrolysis (reaction with protic solvents) and is prepared via reduction reactions (like reaction with $\text{NaH}$ or $\text{NaBH}_4$).