The interaction of CO, C2H4, O2, and NO reaction gas compounds over the metallic Pd/Al2O3 and Pd/OSC/Al2O3 monoliths was investigated in order to understand the behaviour of OSC material in the oxidation and reduction reactions. FT-IR gas analyser was used for the analysis of the product gas composition. Several activity experiments carried out with dissimilar feedstreams have revealed that the Ce x Zr1–x O2 mixed oxide is an oxygen storage compound, which promotes CO and C2H4 oxidation as well as NO reduction in particular at low temperatures.