Solution:The pattern followed here is :
{1st letter + 2 = 2nd letter}, {2nd letter + 2 = 3rd letter}, {3rd letter + 2 = 4th letter} & {4th letter + 2 = 5th letter}
EGIKM → (E + 2 = G), (G + 2 = I), (I + 2 = K) & (K + 2 = M)
BDFHJ → (B + 2 = D), (D + 2 = F), (F + 2 = H) & (H + 2 = J)
QSUWY → (Q + 2 = S), (S + 2 = U), (U + 2 = W) & (W + 2 = Y)
But,
NOQST → (N + 2 ≠ O), (O + 2 = Q), (Q + 2 = S) & (S + 2 = T)
Hence, "NOQST" is the odd one.