Step 1: Write the forward reaction.
\[
H_2(g)+I_2(g)\rightleftharpoons 2HI(g)
\]
For the forward reaction, the equilibrium constant is
\[
K_c=\frac{[HI]^2}{[H_2][I_2]}
\]
Step 2: Write the reverse reaction.
The reverse reaction is
\[
2HI(g)\rightleftharpoons H_2(g)+I_2(g)
\]
For this reverse reaction, the equilibrium constant is denoted by \(K_c'\).
Step 3: Write expression for \(K_c'\).
\[
K_c'=\frac{[H_2][I_2]}{[HI]^2}
\]
Step 4: Compare the two expressions.
Observe that the numerator of one expression becomes the denominator of the other.
\[
K_c=\frac{[HI]^2}{[H_2][I_2]}
\]
and
\[
K_c'=\frac{[H_2][I_2]}{[HI]^2}
\]
Step 5: Multiply the two equilibrium constants.
\[
K_c\times K_c'
=
\frac{[HI]^2}{[H_2][I_2]}
\times
\frac{[H_2][I_2]}{[HI]^2}
\]
\[
K_c\times K_c'=1
\]
Step 6: Rearrange the relation.
\[
K_c=\frac{1}{K_c'}
\]
Step 7: Final conclusion.
Hence, the equilibrium constant of the reverse reaction is the reciprocal of the forward reaction equilibrium constant.
\[
\boxed{K_c=\frac{1}{K_c'}}
\]
Therefore, the correct answer is option (B).