Answer: The correct option is
(D) The V-shaped graph opens downward, and its vertex lies at (1, 12).
Step-by-step explanation: We are given to select the correct statement about the graph of the following function :

We know that
a function with a V-shaped graph having vertex at (h, k) is of the form :

if a < 1, then it opens downwards and id a > 1, then it opens upwards.
Comparing the given equation (i) with the standard form, we get
the graph will be a V-shaped with vertex at the point (1,12) and since a = -3 < 1, so the graph will open downwards.
Thus, the V-shaped graph opens downward, and its vertex lies at (1, 12).
Option (D) is CORRECT.