The correct answer is C
First Rule: The downward sloping cross-hatching follows the sequence top left circle, bottom right circle, bottom left circle, top right circle. This sequence then repeats.
Second Rule: The upward sloping cross-hatching follows the sequence top right circle, bottom left circle, bottom right circle. This sequence then repeats.
Third Rule: The arrow points to where the small circle will be in the next figure.
Fourth Rule: The square is in the position occupied by the small circle in the previous figure.