Energy possessed by a body on account of position or configuration is called
potential energy
Explanation for the correct option
B: potential energy
1. The energy possessed by the body due to its location or position with respect to the reference level.
2. Mathematically we can see that,
P.E = m x g x h
Explanation for the incorrect options
A: kinetic energy
Kinetic energy is the energy possessed by the body by virtue of its motion.
C: mechanical energy
Mechanical energy is due to the displacement of the body.
D: magnetic energy
Magnetic energy come into a role when a magnetic force acts on a charged particle in a magnetic field.
Thus, the energy possessed by a body on account of position or configuration is called potential energy.