Step 1: What it is
Baeyer's reagent is a cold, dilute, alkaline solution of \(KMnO_4\).
Step 2: Use
It is decolourised (pink to brown ppt) by compounds with a carbon-carbon double or triple bond. This is the test for unsaturation.
Polymerisation, general oxidation and reduction are not the specific use asked here.
Final Answer:
It detects a carbon-carbon double bond.
\[ \boxed{\text{(A)}\ \text{Detecting C=C bond}} \]