Choose the most suitable diagram for given items.
The diagrams are Tennis fans, Cricket players, Students.

Hint: The question is based on the concept of Sets- their intersections, their mutual exclusiveness or independence.

Complete step by step answer:
Now, according to the question we are given three items over here
Tennis Fan, Cricket Players and Students.
So let these items represent three sets respectively.
Now, we need to understand first that if students are one set then,
out of all the students, some will be tennis fans while some may not like tennis.
Some of the students will be cricket players while some will be not.
Some of the students will be tennis fans who are cricket players.
Some of the students will neither be tennis fans nor cricket players.
So, combining all these possibilities the correct figure representing all possibilities would be-

Where each circle represents the Tennis Fans, Cricket Players and Students respectively, such all are party related to each other.

Hence from the given options, our correct answer is option B.

Note: There are many cases which need to be considered for all the three given items, how they all are related to each other and the Venn Diagram will be correct only if their relations are explored and inferred correctly.