Step 1: Concept In many alloy steels, the Martensite Finish ($M_{f}$) temperature is below room temperature.
Step 2: Meaning Retained austenite is the portion of austenite that fails to transform during initial quenching to room temperature.
Step 3: Analysis Retained austenite is soft and unstable, which can cause dimensional changes or reduced hardness over time.
Step 4: Conclusion Cooling the steel to sub-zero temperatures (e.g., in liquid nitrogen) forces the completion of the transformation of retained austenite into martensite.
Final Answer: (D)