Let's examine each option.
A. Cheating in an examination is wrong not because God will punish us, rather because cheating is morally wrong and is so with or without the fear of punishment.
B. Mitigating risks may or may not come with a cost and the use of the word "often" keeps this sentence from being fallacious.
C. The snake may like milk irrespective of what the devotees offer.
D. A government which is liable to listen to the people cannot discriminate on the basis of educational qualification of the people.
E. Marlon Brando was a great actor irrespective of his fan following.
Hence the answer that is least fallacious is B.
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