Answer:
The statement is false
B is correct
Explanation:
Given:

Increasing function.
Log function:

If 0<a<1 then y is decreasing function.
If a>1 then y is increasing function.
Now, we compare the given function

a=0.5
0.5<1
If 0<a<1 then y is decreasing function.
Therefore, f(x) is decreasing. But we are given f(x) is increasing.
Hence, The statement is false