The suggested answer is B.
The correct configuration involves checking the country code obtained from the geolocate_ip_1 action block against a list of banned countries. Therefore, the Select parameter should be set to geolocate_ip_1:action_result.data.*.country_iso_code, the evaluation option should be set to 'in,' and the Select Value should be set to custom_list:Banned Countries. This configuration accurately assesses whether the IP address falls within a banned country based on the geolocation data.