Concept:
The paintings belong to different generations of modern Indian artists. Arranging them according to their execution years gives the correct chronological sequence.
Approximate chronology:
• {Laughter -- Benode Behari Mukherjee (early work)
• {Darjeeling Coolie Girls -- N.S. Bendre
• {Sweepers -- K.K. Hebbar
• {Untitled (Cool Cat) -- Jyotsna Bhatt
• {Francis and Kabir -- Gulam Mohammed Sheikh (later work)
Step 1: Arrange the paintings from earliest to latest.
\[
\boxed{
\textit{Laughter}
\rightarrow
\textit{Darjeeling Coolie Girls}
\rightarrow
\textit{Sweepers}
\rightarrow
\textit{Untitled (Cool Cat)}
\rightarrow
\textit{Francis and Kabir}
}
\]
Step 2: Match with the given letters.
\[
\begin{aligned}
\textit{Laughter} &\rightarrow B,
\textit{Darjeeling Coolie Girls} &\rightarrow C,
\textit{Sweepers} &\rightarrow E,
\textit{Untitled (Cool Cat)} &\rightarrow A,
\textit{Francis and Kabir} &\rightarrow D.
\end{aligned}
\]
Thus,
\[
\boxed{B,\ C,\ E,\ A,\ D}
\]
Hence,
\[
\boxed{\text{(B)}}
\]