IQS : LNV,
As we can see I is replaced by the letter 3rd to the right of I in the alphabetical series.
Q is replaced by the letter 3rd to left of Q in the alphabetical series.
S is replaced by the letter 3rd to the right of S in the alphabetical series.
Thus, in JRM, J will be replaced by M, R will be replaced by O and M will be replaced by P.
Hence, option B is the correct answer.
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