Select the figure from the given options that can replace the question mark (?) in the following series.

To find the correct figure that replaces the question mark (?) in the series, we can analyze the movement of the outer frames, the inner symbols, and the bottom elements step-by-step:

1. Movement of the Outer Frames (Top-Left, Top-Right, Center):
Let us trace the positions of the three frames (Square, Oval, and Hexagon) across the steps:
- Square: Starts at Top-Left (Step 1) ⇒ moves to Top-Right (Step 2) ⇒ moves to Center (Step 3) ⇒ returns to Top-Left (Step 4).
- Oval: Starts at Top-Right (Step 1) ⇒ moves to Center (Step 2) ⇒ moves to Top-Left (Step 3) ⇒ returns to Top-Right (Step 4).
- Hexagon: Starts at Center (Step 1) ⇒ moves to Top-Left (Step 2) ⇒ moves to Top-Right (Step 3) ⇒ returns to Center (Step 4).
Thus, the frames cycle through the three positions with a period of 3. In the fourth step, the frame positions must be: Top-Left = Square, Top-Right = Oval, Center = Hexagon.

2. Inner Symbols (Inside the Frames):
The pattern of the symbols inside the top frames also follows a periodic rotation of 3 steps. Thus, in the fourth step, the symbols return to their initial configurations relative to the frames:
- The right-angled triangle pointing bottom-right is inside the Square (at the Top-Left).
- The triangle pointing upwards is inside the Oval (at the Top-Right).
- The arrow pointing to the right is inside the Hexagon (at the Center).

3. Movement of the Bottom Elements (Bottom-Left, Bottom-Right):
The two elements at the bottom (concentric circles and the solid black rectangle) alternate positions in each step:
- Step 1: Concentric circles (Bottom-Left), Solid rectangle (Bottom-Right)
- Step 2: Solid rectangle (Bottom-Left), Concentric circles (Bottom-Right)
- Step 3: Concentric circles (Bottom-Left), Solid rectangle (Bottom-Right)
- Step 4: Solid rectangle (Bottom-Left), Concentric circles (Bottom-Right)

Combining these observations, the correct figure must have a square containing a bottom-right triangle at the top-left, an oval containing an upward triangle at the top-right, a hexagon containing a right arrow in the center, a solid rectangle at the bottom-left, and concentric circles at the bottom-right. This matches the layout of Option 1.