The correct answer is A. 0.001 s.
The time constant of an R-L series circuit is given by the formula:
$$\tau = \frac{L}{R}$$
where $L$ is the inductance in Henrys and $R$ is the resistance in Ohms.
In this case, we are given that $L = 27\text{ H}$ and $R = 20\text{ Ω}$. Substituting these values into the formula, we get:
$$\tau = \frac{27\text{ H}}{20\text{ Ω}} = 0.001\text{ s}$$
Therefore, the time constant of this circuit is 0.001 s.
Option B is incorrect because it is 10 times greater than the actual value. Option C is incorrect because it is 100 times greater than the actual value. Option D is incorrect because it is 1000 times greater than the actual value.