Select the option that is related to the third term on the same basis as the second term is related to the first term.
SPY: ROX :: KIN: ?

Given: SPY: ROX :: KIN: ?

Logic: 1st letter - 1 = 4th letter, 2nd letter - 1 = 5th letter and 3rd letter - 1 = 6th letter

For, SPY - ROX

S - 1 = R, P - 1 = O, Y - 1 = X

Similarly,

KIN - ?

K - 1 = J, I - 1 = H, N - 1 = M

So, KIN : JHM

Thus, correct option is (c).