Step 1: Understanding the Concept
Under reverse bias only a tiny, nearly constant reverse saturation current flows, carried by minority carriers.
Step 2: What happens at high reverse voltage
When the reverse voltage reaches a critical value, the strong electric field breaks covalent bonds (Zener effect) or causes carriers to knock out more carriers (avalanche). The current then rises sharply.
Step 3: Conclusion
This critical voltage is the break-down voltage. The knee voltage belongs to forward bias.
Final Answer:
The reverse current increases abruptly at the break-down voltage.
\[ \boxed{\text{(C) }\text{break-down voltage}} \]