The number of Faradays required to completely deposit a substance in an electrolysis process is given by the formula:
\[
\text{Faradays} = \frac{\text{Moles of substance} \times \text{Valency}}{1}
\]
In this case, we are depositing magnesium from a \( 0.1 \, \text{M} \, \text{MgCl}_2 \) solution. The valency of magnesium (Mg) is 2.
Step 1: Calculate moles of \( \text{MgCl}_2 \) in 1 L of solution:
\[
\text{Moles of MgCl}_2 = 0.1 \, \text{mol/L} \times 1 \, \text{L} = 0.1 \, \text{mol}
\]
Step 2: Number of Faradays required is given by:
\[
\text{Faradays} = 0.1 \, \text{mol} \times 2 \, \text{F/mol} = 0.2 \, \text{Faradays}
\]
Thus, the correct answer is \( 0.2 \, \text{Faradays} \).