Step 1: Single sinusoid
The sum $i_1\sin\omega t-i_2\cos\omega t$ is one sinusoid with peak value $i_0=\sqrt{i_1^{2}+i_2^{2}}$.
Step 2: RMS rule
For a sinusoid, $i_{rms}=\dfrac{i_0}{\sqrt{2}}$.
Step 3: Result
$i_{rms}=\dfrac{\sqrt{i_1^{2}+i_2^{2}}}{\sqrt{2}}=\sqrt{\dfrac{i_1^{2}+i_2^{2}}{2}}$. Option (D) is the peak value, not rms.
Final Answer:
Dividing the peak $\sqrt{i_1^{2}+i_2^{2}}$ by $\sqrt{2}$ gives the rms current.
\[ \boxed{\text{(C) }\sqrt{\dfrac{i_{1}^{2}+i_{2}^{2}}{2}}} \]