Hint: Generally alkali metals are soft and can be cut with a knife and are highly reactive. Step 1: Alkali metals like sodium, potassium, etc are soft and can be easily cut with a knife. They are highly reactive metals and undergo combustion when exposed to air. These metals react vigorously even with cold water. So, they are stored in kerosene oil.
Step 2:
A. Magnesium (Mg) is a soft metal that can be cut with a knife but it does not react significantly with cold water.
B. Sodium (Na) is a soft alkali metal that can be cut with a knife and reacts vigorously with cold water.
C. Phosphorous (P) is a non-metal and its allotropes can be cut with a knife and reacts with water at high temperature in steam form.
D. Calcium (Ca) is a soft metal that can be cut with a knife but not as easily as sodium. Even it does not react so vigorously with cold water and is not so reactive like sodium in air. Step 3: Sodium is a soft metal and highly reactive because of the loosely bonded single valence electrons. The reaction of sodium with air and water are as follows: $$4Na(s)+O_2(g)\to 2Na_2O(s)$$ ----- with air $$2Na(s)+H_2O(l)\to 2NaOH(aq)+H_2(g)$$ ---- with waterFinal step: So, the correct option is (B) Na.