The correct option is
A Gaseous exchange
A lenticel is a porous tissue consisting of cells with large intercellular spaces in the periderm of the secondarily thickened organs and the bark of woody stems and roots of dicotyledonous flowering plants. It functions as a pore, providing a pathway for the direct exchange of gases between the internal tissues and atmosphere through the bark, which is otherwise impermeable to gases. The shape of lenticels is one of the characteristics used for tree identification. So, lenticels helps in gaseous exchange and not in transpiration or vegetative propagation.
Thus, the correct answer is option A.