Concept:
Standard reduction potential tells the tendency of a species to get reduced.
More positive value means greater tendency to gain electrons.
More negative value means lower tendency to get reduced.
Step 1: Recall standard reduction potential values.
• \(E^\circ\) for \(\text{H}^+/\text{H}_2 = 0.00\,\text{V}\)
• \(E^\circ\) for \(\text{F}_2/\text{F}^- \) is highly positive
• \(E^\circ\) for \(\text{Cl}_2/\text{Cl}^- \) is also positive
• \(E^\circ\) for \(\text{Li}^+/\text{Li}\) is highly negative
Step 2: Identify minimum standard reduction potential.
The most negative value corresponds to the minimum standard reduction potential.
That is:
\[
\text{Li}^+_{\text{(aq)}} + \text{e}^- \rightarrow \text{Li}_{\text{(s)}}
\]
Hence, the correct answer is:
\[
\boxed{(C)\ \text{Li}^+_{\text{(aq)}} + \text{e}^- \rightarrow \text{Li}_{\text{(s)}}}
\]