Correct Option: B

Magnetism is a property of materials that respond to an applied magnetic field. Permanent magnets have persistent magnetic fields caused by ferromagnetism. That is the strongest and most familiar type of magnetism. However, all materials are influenced varyingly by the presence of a magnetic field. When a material is put in a magnetic field, the electrons circling the nucleus will experience, in addition to their Coulomb attraction to the nucleus, a Lorentz force from the magnetic field. Depending on which direction the electron is orbiting, this force may increase the centripetal force on the electrons, pulling them in towards the nucleus, or it may decrease the force, pulling them away from the nucleus. This effect systematically increases the orbital magnetic moments that were aligned opposite the field, and decreases the ones aligned parallel to the field (in accordance with Lenz’s law). This results in a small bulk magnetic moment, with an opposite direction to the applied field.