A polymer (X) is used for making handles of utensils. Polymer (X) can be prepared from which of the following monomers?
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\[
\boxed{
\text{Phenol}+\text{Formaldehyde}
\longrightarrow
\text{Bakelite}
}
\]
Bakelite is widely used for electrical switches, plugs and utensil handles.
Step 1: Identify the polymer used for utensil handles.
Handles of cooking utensils are commonly made from
\[
\boxed{\text{Bakelite}}
\]
because it is a thermosetting polymer and a poor conductor of heat.
Step 2: Identify the monomers.
Bakelite is obtained by condensation polymerization of
\[
\boxed{\text{Phenol}}
\]
and
\[
\boxed{\text{Formaldehyde (HCHO)}.}
\]
Therefore,
\[
\boxed{(B)}
\]
is the correct answer.