Right option is (a) True
To explain I would say: True, as venous blood acquires carbon dioxide, forms carbonic acid and hydrogen ions, the venous blood pH falls to approximately 7.36. This pH drop of 0.04 units occurs when the CO2 enters the tissue capillaries. When CO2 diffuses from the pulmonary capillaries into the alveoli, the blood pH rises 0.04 units to bring the normal arterial value of 7.40.