Step 1: Concept
This is the industrial method for producing phenol (A) and acetone (B) from cumene.
Step 2: Meaning
Phenol (A) can be reduced to benzene using Zinc dust. Acetone (B) can be reduced to propane using Clemmensen reduction ($Zn(Hg), HCl$).
Step 3: Analysis
To convert A (Phenol) to benzene, we use $Zn$. To convert B (Acetone) to propane, we use $Zn(Hg), HCl$.
Step 4: Conclusion
X is $Zn$ and Y is $Zn(Hg), HCl$.
Final Answer: (C)