Step 1: Recall the types of nitrogen-fixing organisms.
Nitrogen-fixing bacteria are classified as
• Free-living nitrogen fixers,
• Symbiotic nitrogen fixers.
Step 2: Identify the symbiotic nitrogen fixer.
\[
\begin{aligned}
\textit{Azotobacter} &\rightarrow \text{Free-living aerobic nitrogen fixer},
\textit{Clostridium} &\rightarrow \text{Free-living anaerobic nitrogen fixer},
\textit{Nitrosomonas} &\rightarrow \text{Nitrifying bacterium},
\textit{Rhizobium} &\rightarrow \text{Symbiotic nitrogen fixer}.
\end{aligned}
\]
Rhizobium lives in the root nodules of leguminous plants and fixes atmospheric nitrogen.
Hence,
\[
\boxed{\textit{Rhizobium}}
\]
is the correct answer.
Therefore,
\[
\boxed{(B)}
\]
is the correct answer.