Species having the highest reduction potential i.e., tendency to undergo reduction by gain of electron. SRP value increases from left to right in the period for the d-block elements.
M3+(aq)+1e−→M2+(aq)
26Fe3+/Fe2+⇒27Co3+/Co2+⇒24Cr3+/Cr2+25Mn3+/Mn2+4s03d5→4s03d64s03d6→4s03d74s03d3→4s03d44s03d4→4s03d5(+0.77 volt)(+1.97 volt)(−0.4 volt)(+1.57 volt)
Highest reduction potential means strong oxidising agent, i.e. undergoing reduction Co3++1e−→Co2+.