The Etard Reaction involves the oxidation of toluene (methylbenzene) with chromyl chloride (CrCl₂) in the presence of aerated conditions. This reaction is followed by hydrolysis, which produces benzaldehyde (C₆H₅CHO). This is an example of an oxidation reaction that transforms methyl group on toluene into an aldehyde group. The reaction mechanism proceeds through the formation of a chromium complex, which leads to the selective formation of benzaldehyde. Thus, the correct reaction is the Etard Reaction.