The correct option is C I > III > II
Under alkaline condition, hydroxide attaks on carbonyl carbon of esters to furnish repective acids.
So when the δ+ charge on carbonyl carbon increases, attack of OH− becomes more favourable and the rate of hydrolysis increases .
NO2 showing strong -I effect will increase the δ+ charge. OCH3 shows +M effect and CH3 shows +I effect so they diminishes δ+ charge. Since +M is more effective than +I, hence rate will be least for compound (II).