Which of the option figures will take the place of the question mark and continue the series?

Answer & explanation
Correct answer: option 2
The correct answer is Option (2) →
From each figure to the next, the arrow turns 90° clockwise each time. So the next figure has the arrow pointing down and to the left.

Why the other options are incorrect
Option (1) — Incorrect. The arrow has turned 90° anticlockwise instead of clockwise.
Option (3) — Incorrect. The arrow has turned 135° instead of 90°.
Option (4) — Incorrect. The arrow has not turned at all since the last figure.