Correct Answer:

Solution : According to the given figure series –
1. All three figures i.e. star, diamond, and arrow are rotating in a loop of the triangle in an anti-clockwise direction in each step.
2. A right triangle is flipped and shifted from the bottom right corner to the bottom left corner at each step.

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

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