Correct Answer - Option 2 : Bikram
According to the given information,
Arun runs faster than Elias, but not as fast as Dinesh. It means Dinesh runs faster than Arun.
Dinesh > Arun > Elias
Dinesh runs faster than Chander, but not as fast as Bikram. It means Bikram runs faster than Dinesh.
Bikram > Dinesh > Chander
The correct order is:
Bikram > Dinesh > Chander > Arun > Elias
Bikram runs fastest.
Hence, the correct answer is "Bikram".