Step 1: Property of caesium.
Caesium has very low ionisation energy and easily emits electrons when exposed to light.
Step 2: Application based on property.
Due to its high photoelectric sensitivity, caesium is used in photoelectric cells.
Step 3: Eliminate other options.
Air conditioning uses refrigerants, boron extraction uses magnesium, and fast breeder reactors use liquid sodium.
Step 4: Conclusion.
Hence, caesium is used in devising photoelectric cells.