The incorrect statement from the following for borazine is:

Incorrect statement about borazine (B₃N₃H₆, "inorganic benzene"):

A. "It contains banana bonds" — Banana bonds are characteristic of diborane (B₂H₆), not borazine. INCORRECT ✓

B. "It can react with water" — Yes, borazine undergoes hydrolysis. CORRECT

C. "It is a cyclic compound" — Yes, borazine has a 6-membered ring. CORRECT

D. "It has electronic delocalization" — Yes, the lone pairs on N can delocalize into empty p-orbitals of B. CORRECT

The incorrect statement is Option A: It contains banana bonds.