Right choice is (b) magnetising component
The best I can explain: We know that the phase angle error in a C.T. is given by the relation
θ = \(\frac{180}{π} [\frac{I_m}{nI_s}]\) degrees
where, θ is the phase angle error
Im is the magnetising component of the excitation current
Is is the secondary winding current
It is observed from the equation for the phase angle error that it depends on the magnetising component of the excitation current.