Step 1: Understanding the Concept:
Examine the alphabetical positions of each letter in the first pair to find a consistent transformation or reverse mapping.
Step 2: Detailed Explanation:
In CRED $\to$ PSQR:
C (3), R (18), E (5), D (4).
P (16), S (19), Q (17), R (18).
The relationship here is based on the reverse position in the alphabet (e.g., C is 3rd from the start, X is 3rd from the end). However, this specific sequence CRED to PSQR does not follow a simple shift or standard reverse.
Looking at "CRED": C, R, E, D are all letters found in the word "DESCRIBE" or similar scrambled sets. If we look at JMKL, these are consecutive/shuffled letters (J, K, L, M).
Step 3: Calculation:
The pattern for CRED $\to$ PSQR is often found in specific coding tests where $C+13=P$, $R+1=S$, $E+12=Q$, $D+14=R$. Applying a similar logic to JMKL does not yield any of the standard options (a) through (d).
Step 4: Final Answer:
Since no standard logical pattern from the options matches the transformation of JMKL, the answer is (e).