Concept:
Micropropagation is the rapid multiplication of plants under tissue culture conditions.
Step 1: Selection of explant.
First, a suitable explant is selected from the mother plant.
\[
A=\text{Selection of explant}
\]
Step 2: Establishment in culture medium.
The explant is sterilized and placed on a suitable nutrient medium.
\[
E=\text{Establishment in culture medium}
\]
Step 3: Multiplication.
The established culture is multiplied to produce many shoots.
\[
C=\text{Multiplication}
\]
Step 4: Rooting.
The shoots are transferred to rooting medium.
\[
B=\text{Rooting}
\]
Step 5: Hardening.
The rooted plantlets are gradually acclimatized to external conditions.
\[
D=\text{Hardening}
\]
Therefore, the correct sequence is:
\[
A,E,C,B,D
\]
\[
\therefore \text{Correct Answer is (B)}
\]