Correct option is B
The correct answer is (b) It opens the file in a read-only mode, disabling most editing features
Protected View is a security feature in Microsoft PowerPoint (and other Office applications) that opens downloaded or potentially unsafe files in a read-only mode.
This prevents the execution of macros, ActiveX controls, and editing until the user explicitly chooses to "Enable Editing".
It protects the system from malicious content embedded in Office files, especially those received via email or downloaded from the internet.
Protected View is triggered when:
A file is downloaded from the internet.
It is received as an email attachment.
It resides in an unsafe location or was opened from OneDrive/shared folders.
Files in Protected View display a yellow warning bar at the top with the "Enable Editing" option.
Protected View settings can be managed via File → Options → Trust Center → Trust Center Settings.
It does not mean the file is corrupted, but that it came from an untrusted source.