Answer : The correct statement is, Bromine will replace iodine during the reaction.
Explanation :
When zinc iodide,
react with the bromine,
it gives zinc bromide,
and iodine,
as a product.
This reaction is a single-replacement reaction.
Single-replacement reaction : It is a reaction in which the most react metal displaces the least reactive metal.
The balanced chemical reaction will be,

Hence, the correct statement is, Bromine will replace iodine during the reaction.