Step 1: Understanding the Concept
The block falls while the string unwinds from the hollow cylinder of moment of inertia \(I=mR^{2}\).
No slipping gives \(a=R\alpha\).
Step 2: Block
\(mg-T=ma\)
Step 3: Cylinder
\(TR=I\alpha=mR^{2}\cdot\dfrac{a}{R}\), so \(T=ma\).
Step 4: Solve
Substitute: \(mg-ma=ma\), so \(a=\dfrac{g}{2}\), option (C).
Final Answer:
The mass falls with acceleration \(\dfrac{g}{2}\).
\[ \boxed{\text{(C) }\dfrac{g}{2}} \]