The correct option is (d) Truncation error is proportional to k^th power
The best I can explain: When a discretized equation is said to be of the order ‘k’, it means that the last term has (k-1)^th power and the first term of the truncated equation has k^th power. For example, in spatial derivative, the first term of the truncated equation will be proportional to (∆x)^k.