Concept:
The magnetic dipole moment of transition metal ions is generally calculated using the spin-only formula,
\[
\boxed{\mu=\sqrt{n(n+2)}\;BM}
\]
where
\[
\mu=\text{Magnetic dipole moment},
\]
\[
n=\text{Number of unpaired electrons}.
\]
The unit of magnetic moment is the Bohr Magneton (BM).
For most first-row transition metal ions, the orbital contribution is negligible, so the spin-only formula gives an accurate value.
Step 1: Determine the electronic configuration of \(Mn^{2+}\).
The atomic number of manganese is
\[
Z=25.
\]
The electronic configuration of neutral manganese is
\[
Mn=[Ar]\,3d^{5}4s^{2}.
\]
On losing two electrons,
\[
Mn^{2+}=[Ar]\,3d^{5}.
\]
Thus,
\[
\boxed{Mn^{2+}\text{ has five unpaired electrons}.}
\]
Hence,
\[
n=5.
\]
Step 2: Apply the spin-only formula.
Using
\[
\mu=\sqrt{n(n+2)},
\]
we get
\[
\mu
=
\sqrt{5(5+2)}.
\]
Therefore,
\[
\mu
=
\sqrt{35}.
\]
Step 3: Calculate the magnetic moment.
Since,
\[
\sqrt{35}\approx5.92,
\]
therefore,
\[
\boxed{\mu=5.92\,BM.}
\]
Hence, the correct answer is
\[
\boxed{\textbf{Option (C)}}.
\]