ANS : a) It is placed in an I/O queue.
You might get confused with option a) and b) The reason why b) is not the answer because waiting queue is not specifically a queue. When the process issues an I/O request it will be waiting (corresponding action ) somewhere but where In the I/O queue.
Waiting for what a particular I/O device or reception of signal.
fig. : Queueing-diagram representation of process scheduling.