Solution:The pattern followed here is :
{1st letter + 3 = 2nd letter}, {2nd letter + 4 = 3rd letter} & {3rd letter + 5 = 4th letter}
ORVA → (O + 3 = R), (R + 4 = V) & (V + 5 = A)
EHLQ → (E + 3 = H), (H + 4 = L) & (L + 5 = Q)
ILPU → (I + 3 = L), (L + 4 = P) & (P + 5 = U)
But,
KOSW → (K + 3 ≠ O), (O + 4 = S ) & (S + 5 ≠ W)
Hence, KOSW is the correct answer.