Concept:
Photosynthesis occurs in two stages:
• Light reaction
• Dark reaction (Calvin cycle)
During the light reaction, solar energy is converted into chemical energy.
The major products formed are
\[
\boxed{
ATP,\;NADPH,\;O_2.
}
\]
NADH is not produced during the light reaction.
Step 1: Understand the light reaction.
The light reaction takes place in the thylakoid membranes of chloroplasts.
Its main functions are
\[
\boxed{
\begin{aligned}
&\text{Photolysis of water}\\
&\text{ATP synthesis}\\
&\text{Reduction of NADP}^{+}\text{ to NADPH}
\end{aligned}
}
\]
Oxygen is released as a by-product.
Step 2: Identify the products formed.
Products of the light reaction are
\[
\boxed{
ATP,\;
NADPH,\;
O_2.
}
\]
These products are utilized during the Calvin cycle for carbohydrate synthesis.
Step 3: Determine the incorrect option.
NADH is mainly involved in cellular respiration and is not produced in the light reaction of photosynthesis.
Hence,
\[
\boxed{\textbf{Option (B)}}
\]
is the correct answer.