Step 1: Time period of magnet.
\[
T = 2\pi \sqrt{\frac{I}{MB}}
\]
where \(I\) = moment of inertia and \(M\) = magnetic moment.
Step 2: Moment of inertia dependence.
\[
I \propto ML^2
\]
Given mass becomes \(4M\) and length becomes \(2L\):
\[
I' \propto 4M \times (2L)^2 = 16ML^2
\]
Step 3: Magnetic moment dependence.
\[
\mu \propto L
\]
So,
\[
\mu' = 2\mu
\]
Step 4: New time period.
\[
T_1 \propto \sqrt{\frac{I'}{\mu'}}
\]
\[
T_1 \propto \sqrt{\frac{16}{2}} = \sqrt{8} = 2\sqrt{2}
\]
Step 5: Ratio.
\[
\frac{T_1}{T} = \frac{2\sqrt{2}}{\sqrt{1}} = 4
\]
Step 6: Final conclusion.
\[
\boxed{4:1}
\]
Hence, correct answer is option (B).