Step 1: Formula
The orbital magnetic moment is given by $\mu_l = \frac{e}{2m} L$, where $L$ is angular momentum.
Step 2: Analysis
According to Bohr's second postulate, $L = \frac{nh}{2\pi}$.
Step 3: Calculation
Substituting $L$, we get $\mu_l = \frac{e}{2m} \left( \frac{nh}{2\pi} \right) = n \left( \frac{eh}{4\pi m} \right)$.
Step 4: Conclusion
Since $\frac{eh}{4\pi m}$ is a constant (Bohr Magneton), $\mu_l \propto n$.
Final Answer: (A)