Step 1: Formula for escape velocity.
\[
v_e = \sqrt{\frac{2GM}{R}}
\]
Step 2: Write ratio for planet and moon.
\[
\frac{v_p}{v_m} = \sqrt{\frac{M_p / R_p}{M_m / R_m}}
\]
Step 3: Substitute given ratios.
\[
M_p = 121 M_m, \quad R_p = 9 R_m
\]
\[
\frac{v_p}{v_m} = \sqrt{\frac{121/9}{1}} = \sqrt{\frac{121}{9}}
\]
Step 4: Simplify.
\[
\frac{v_p}{v_m} = \frac{11}{3}
\]
Step 5: Express moon velocity.
\[
v_m = \frac{3}{11} v_p
\]
Step 6: Final conclusion.
\[
\boxed{\frac{3v}{11}}
\]
Hence, correct answer is option (D).