The correct option is (c) 250 mW
To explain I would say: Source current IS = 15-5/200 = 0.05A = 50 mA
The power rating of the diode is the maximum power it can dissipate which occurs when the load is disconnected because then the whole current flows into the diode.
Hence maximum power rating is P = VZxIZ = 5×50 = 250 mW.