The correct option is B MgO
Acidity increases from left to right, ranging from strongly basic oxides on the left to strongly acidic ones on the right with an amphoteric oxide (aluminum oxide) in the middle. An amphoteric oxide is one which shows both acidic and basic properties. So, MgO is the most basic oxide. The basicity decreases in the order : MgO>Al2O3>SiO2>P2O5
Hence, option B is correct.