Step 1:
In the first step, phenylacetonitrile (C\(_6\)H\(_5\)CN) reacts with magnesium bromide (MgBr) in ether, which forms a Grignard reagent (C\(_6\)H\(_5\)MgBr).
Step 2:
The Grignard reagent then reacts with water, which results in the formation of a benzyl alcohol (C\(_6\)H\(_5\)CH\(_2\)OH).
Thus, product \( B \) is a benzyl alcohol, which is represented by option (3).