Step 1: Angular momentum in the hydrogen atom.
The angular momentum \( L \) of an electron in a hydrogen atom is quantized and given by:
\[
L = \frac{nh}{2\pi}
\]
where \( n \) is the principal quantum number and \( h \) is Planck’s constant. For the first orbit (\( n = 1 \)), the magnetic dipole moment \( M \) is related to angular momentum by:
\[
M = \frac{eL}{2m}
\]
So, the angular momentum \( M \) is \( \frac{2mM}{e} \).
Step 2: Conclusion.
Thus, the correct answer is (B) \( \frac{2mM}{e} \).