The correct option is (d) 60Nm
To elaborate: We know, N1/N2 = T1/T2
N1 = speed of pinion
N2 = speed of gear wheel
T1 = number of teeth of gear
T2 = number of teeth of pinion
1200/N2 = 120/40
N2 = 400 r.p.m.
Since power transmitted by both gear will be equal
T1ω12 x ω2
torque transmitted by gear, = 60 N-m.