Right option is (d) 0.001 V
For explanation I would say: The resolution of a DVM is,
R = ^1⁄10^n
Here, n is 3. Substituting n=3 in the equation for resolution we get,
R = ^1⁄10^3 = 10^-3 = 0.001
For 1 V range, the resolution is,
R1V = 1×0.001 = 0.001 V.