Which figure from the options comes next in the series of problem figures given below?

Answer & explanation
Correct answer: option 4
The correct answer is Option (4) →
Two things change from figure to figure: the flagpole turns 135° anticlockwise each time, and the small circle moves two places clockwise round the edge of the box each time. So the next figure has the flagpole with the flag at its upper-left end and the small circle at the top-left corner.

Why the other options are incorrect
Option (1) — Incorrect. The small circle is right, but the flagpole has turned 135° clockwise instead of anticlockwise.
Option (2) — Incorrect. The small circle is right, but the flagpole is reversed: the flag is on the other side of its pole, so it is a mirror image of the right one.
Option (3) — Incorrect. The flagpole is right, but the small circle has moved two places anticlockwise instead of clockwise.