Nice problem dude ,
ax 2 + by2 + 2hxy + 2gx + 2fy + c = 0 ...........................................1
Condition for a pair of straight lines is
abc + 2fgh - af 2 - bg 2 - ch 2 = 0 .................................................2
Now , let the point of intersection on the y axis be ( 0,t )
Now ,
S /
x = 2ax + 2hy + 2g = 0
S /
y = 0 = 2hx + 2by + 2f = 0
So ht + g = 0 , bt + f = 0 [ as x = 0 , it lies on the Y axis ]
So , now we have hf = bg ................................................................3
The equation of Y axis is x = 0
Now solving this and the equation of pair of lines, we get
Now the given equation is , ax 2 + by2 + 2hxy + 2gx + 2fy + c = 0
So putting x = 0 , we have by 2 + 2fy + c = 0
So , they intersect at one point , hence they should be having only 1 root
So applying that , ( D = 0 ) , we have f 2 = bc ...............................4
So we have from eqn 3 , fh = bg
or fgh = bg 2 ........................................................................................5
Now look at 2 ,
we have abc + 2fgh - af 2 - bg 2 - ch 2 = 0
So using 4 and 5
abc + 2fgh - fgh - abc - ch2 = 0
So we have ch 2 = fgh
So the following things can be deduced
fgh = ch2 = bg2
and 2fgh = bg 2 + ch2
Too difficult to understand your options!!
Hence solved

[ P.S : I didnt find your question in my AIEEE 10 MOCK TESTs BOOK .~ Arihant Publishers
I have question papers and solutions upto 2006 as I bought it in Class 11.Moreover its not copy pasted , impossible to find such a detailed solution in those books ! ]