Correct Answer:

Solution : According to the given figure series –
1. Two circles positioned at the left and right centre remain unchanged.
2. A diamond-shaped figure shifts its position in an anti-clockwise direction and alternates between being shaded and unshaded.
3. An arrow shifts its position in an anti-clockwise direction by flipping itself.

So, following the above pattern, the required figure will be as follows –

Therefore, the figure in the second option is the required figure. Hence, the second option is correct.