The correct option is B Australopithecus, Homo erectus, Neanderthal man, cro-magnon man, modern man
Australopithecus lived around 2 mya. Homo erectus lived about 1.5 mya. Neanderthal man lived around 100000 - 40000 years back. Cro-magnon man lived around 40000 years ago. Between 75000-10000 years ago, modern Homo sapiens (modern man) arose. So, the correct sequence of stages in the evolution of modern man (Homo sapiens), is: Australopithecus, Homo erectus, Neanderthal man, cro-magnon man, modern man