Answer: The correct answer is Option 1.
Step-by-step explanation:
According to Bronsted Lowry conjugate acid-base theory, an acid is defined as a substance which donates hydrogen ion and base is defined as a substance which accepts hydrogen ion.
In the given equation:

is accepting a hydrogen ion and is forming
, therefore it is considered as a base.
is donating a hydrogen ion and is forming
, therefore it is considered as an acid.
Hence, the correct answer is Option 1.