The correct option is B Transformation
Bacterial endospores (e.g., in Bacillus anthracis) are formed as a part of survival strategy in harsh environmental conditions. Endospores are formed from the vegetative cells and they germinate back into the vegetative cells once favourable conditions arise.
Conidia are spores formed by simple cross-wall divisions of the aerial filament called sporophores in Streptomycetes.
Exospores are formed in Methylosinus trichosporium that simply buds off from the vegetative cell.
Transformation is the exchange of genetic material between strains of bacteria where the transfer of a fragment of naked DNA from a donor cell to a recipient cell is followed by its recombination in the recipient chromosome.
Hence, the correct answer is option (B).