Step 1: Understanding the Concept:
For the pair \(ax^2+2hxy+by^2=0\), the combined equation of the angle bisectors is
\[ \frac{x^2-y^2}{a-b}=\frac{xy}{h} \]
Step 2: Identify the Coefficients:
For \(x^2-2pxy-y^2=0\): \(a=1,\ b=-1,\ 2h=-2p\), so \(h=-p\).
Step 3: Form the Bisector Equation:
\[ \frac{x^2-y^2}{2}=\frac{xy}{-p} \Rightarrow x^2-y^2=-\frac{2}{p}xy \Rightarrow x^2+\frac{2}{p}xy-y^2=0 \]
Step 4: Compare With the Given Form:
The bisector pair is given as \(x^2-2qxy-y^2=0\). Matching the xy coefficients: \(-2q=\dfrac{2}{p}\), so \(pq=-1\), or \(pq+1=0\).
This matches option (D). Options (A) and (B) are linear relations in p and q, while the actual relation is a product, and option (C) has the wrong sign.
Final Answer:
The relation is \(pq+1=0\), option (D).
\[ \boxed{\text{(D) } pq+1=0} \]