Correct option is D

ABYW → VWTR
A - 5 = V; B - 5 = W; Y - 5 = T; W - 5 = R
UVSQ → PQNL
U - 5 = P; V - 5 = Q; S - 5 = N; Q - 5 = L
Apply same logic to GHEC → ?
G - 5 = B
H - 5 = C
E - 5 = Z
C - 5 = X
So, GHEC → BCZX
Thus, the correct option is (d) BCZX