The problem figures below change by a fixed rule. Which option figure continues the series?

Answer & explanation
Correct answer: option 2
The correct answer is Option (2) →
Two things change from figure to figure: the arrow turns 45° anticlockwise each time, and the black star moves anticlockwise, 1, 2, 3, 4 places: the step grows by one each time. Next the black star moves 5 places anticlockwise, so the next figure has the arrow pointing down and to the right and the black star at the middle of the bottom side.

Why the other options are incorrect
Option (1) — Incorrect. The arrow is right, but the black star has moved four places again; the step should grow to five places.
Option (3) — Incorrect. The arrow is right, but the black star has moved five places clockwise instead of anticlockwise.
Option (4) — Incorrect. The black star is right, but the arrow has turned 45° clockwise instead of anticlockwise.