Step 1: Identify the birth years of the artists to establish their chronological order.
(A) Somnath Hore: Born 1921
(B) Satish Gujral: Born 1925
(C) P. V. Janakiram: Born 1930
(D) Ved Nayar: Born 1933
(E) Mrinalini Mukherjee: Born 1949
Step 2: Order the artists by birth year.The correct sequence from oldest to youngest is Somnath Hore, Satish Gujral, P. V. Janakiram, Ved Nayar, Mrinalini Mukherjee, corresponding to (A), (B), (C), (D), (E), which is option (2).