Going with B: System Demo.
But this is a poor question
The word "Review" is missing from Quantitative and Quotative Measurement answer option which is on the agenda and would be a correct answer.
Correct is B, since C is not explicitly said to be PI. This is directly from the Scaled Agile materials:
The I&A event consists of three parts: PI System Demo. Quantitative and qualitative measurement. Retrospective and problem-solving workshop.
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