Step 1: Understanding the Concept
A moderator slows down fast neutrons in a nuclear reactor so that they can cause further fission.
Step 2: Required Property
It should have a low atomic mass and a very low neutron absorption cross section.
Step 3: Apply to the Options
Among the alkaline earth metals given, beryllium is the lightest and absorbs very few neutrons. Mg, Ba and Sr are heavier or absorb more.
Step 4: Conclusion
Beryllium is the moderator, option (B).
Final Answer:
Beryllium is used as a moderator in nuclear reactors.
\[ \boxed{\text{(B) }\text{Be}} \]