GUJARAT is painted on the side of a fishing boat just above the sea. Which panel shows the name reflected in the water?

Water keeps the letters in the order G U J A R A T but turns each one upside down: the U opens downwards, the J's hook goes to the top, the A's stand on their points and the T stands on its bar: (b). (c) forgets to turn the J, (a) reverses the word and (d) does both.