Concept:
For two coherent sources of equal intensity, the intensity at any point is
\[
I=4I\cos^2\left(\frac{\phi}{2}\right)
\]
where \(\phi\) is the phase difference.
Also,
\[
\phi=\frac{2\pi}{\lambda}\Delta
\]
where \(\Delta\) is the path difference.
Step 1:Determine the maximum intensity.
Given path difference
\[
\Delta=\lambda
\]
Therefore,
\[
\phi=\frac{2\pi}{\lambda}\lambda=2\pi
\]
Hence,
\[
I_0=4I\cos^2\pi
\]
\[
I_0=4I
\]
Step 2: Use the condition for intensity \(\dfrac{I_0}{4}\).
Given,
\[
I=\frac{I_0}{4}
\]
Since
\[
I_0=4I
\]
we get
\[
\frac{I}{I_0}=\frac14
\]
Thus,
\[
\cos^2\left(\frac{\phi}{2}\right)=\frac14
\]
\[
\cos\left(\frac{\phi}{2}\right)=\pm\frac12
\]
Taking the smallest positive value,
\[
\frac{\phi}{2}=\frac{\pi}{3}
\]
\[
\phi=\frac{2\pi}{3}
\]
Step 3: Calculate the corresponding path difference.
\[
\phi=\frac{2\pi}{\lambda}\Delta
\]
\[
\frac{2\pi}{3}
=
\frac{2\pi}{\lambda}\Delta
\]
\[
\Delta=\frac{\lambda}{3}
\]
Step 4: State the answer.
\[
{
\Delta=\frac{\lambda}{3}
}
\]
Hence, the correct option is
\[
{(B)}
\]