J.R. S. answered 09/15/19
Ph.D. University Professor with 10+ years Tutoring Experience
Look carefully at each step and notice that the HClO formed in step (1) is used up in step (2) making it an intermediate. Also notice that the OH- formed in step (1) is used in step (3) and that H2O(l) is generated in step (3). Since H2O(l) is used in step (1) and generated in step (3), it satisfies the definition of a catalyst, namely that is NOT used up or consumed during the reaction. As a side, you can also state that HIO is an intermediate as it is generated in step (2) and used in step (3).
Also, thought not asked for in this question, you should note that adding all steps together and canceling intermediates and catalysts, gives you the overall reaction:
ClO- + I- ===> Cl- + IO-