The correct option is B They are self replicating units.
A plasmid is a small circular DNA molecule, within a cell that is physically separated from a chromosomal DNA and can replicate independently. They are most commonly found in bacteria as small, circular, double-stranded DNA molecules. Plasmids are considered replicons, a unit of DNA capable of replicating autonomously within a suitable host. Plasmids are the most commonly used bacterial cloning vectors. These cloning vectors contains a site that allows DNA fragments to be inserted, e.g., a multiple cloning site or polylinker which has several commonly-used restriction sites to which DNA fragments may be ligated. A plasmid cloning vector is used to clone DNA fragments of up to 15 kbp.
So, the correct answer is option B.