Concept:
Blood osmolarity depends on the concentration of solutes relative to water in plasma.
• ADH (Antidiuretic hormone): Increases water reabsorption $\rightarrow$ dilutes blood $\rightarrow$ decreases osmolarity.
• Aldosterone: Increases Na$^+$ reabsorption (water follows proportionally) $\rightarrow$ osmolarity not decreased significantly.
• Angiotensin II: Promotes vasoconstriction and Na$^+$ retention.
• ANP: Promotes loss of Na$^+$ and water but does not directly reduce osmolarity significantly like ADH.
Step 1: Identify effect of ADH.
ADH increases water reabsorption without solute, lowering osmolarity.
Step 2: Evaluate other hormones.
• Aldosterone: Increases Na$^+$ retention
• Angiotensin II: Increases Na$^+$ and water
• ANP: Reduces volume but not primarily osmolarity
Step 3: Conclusion.
Only ADH decreases blood osmolarity.
Final Answer: Option (D)