Step 1: Understanding the Concept
Galvanized iron is coated with zinc. When the coating is scratched, zinc and iron form a small electrochemical cell in the presence of moisture.
Step 2: Compare potentials
Zinc has a more negative reduction potential than iron (\(E^{0}_{\text{Zn}^{2+}/\text{Zn}}=-0.76\) V, \(E^{0}_{\text{Fe}^{2+}/\text{Fe}}=-0.44\) V). So iron has the higher reduction potential.
Step 3: Roles
Zinc is oxidised and acts as the anode, while iron becomes the cathode and is protected.
Option (B) states that iron has a higher reduction potential than zinc and is the cathode.
Final Answer:
Iron has a higher reduction potential than zinc, so iron acts as the cathode.
\[ \boxed{\text{(B) }\text{Iron has a higher reduction potential than zinc, making iron the cathode.}} \]