Correct option is B
Given: MOM, QSQ, UWU, ?

Logic: Letters are increasing + 4 in English alphabetical order.
1st letter: M + 4 = Q, Q + 4 = U, U + 4 = Y
2nd letter: O + 4 = S, S + 4 = W, W + 4 = A
3rd letter: M + 4 = Q, Q + 4 = U, U + 4 = Y
So, the next series is YAY.
Thus, correct option is (b).