Least count of a screw gauge is given by
A screw gauge of 100 division will move the capscale along the main scale by 1/100 of mm - 0.0 I mm . This is the minimum value up to which a screw gauge can measure and is Known as its least count. OR it is defined as the ratio between the pitch of the screw and the number of divisions on the circular scale.
Hence option B is correct