Solution

$$\textbf{Concept Applied:}$$ A neutralization reaction is when an acid and a base react to form water and salt and involves the combination of H+ ions and OH- ions to generate water.
$$\textbf{Explanation:}$$ When an ant bites, it injects formic acid into the skin. Calamine solution contains zinc carbonate and is basic in nature. When applied to the skin, it reacts with the acid, and neutralizes its effect, thus giving relief.

Hence, the given statement is true.