Given that $x =\sqrt{7\sqrt{7\sqrt{7\dots \infty}}}$
$\implies x = \sqrt{7x}$
$\implies x^{2} = 7x$
$\implies x^{2} - 7x = 0$
$\implies x(x - 7) = 0$
$\implies x \neq 0\,(\text{because it is not satisfied the given equation})$
$\implies x = 7$
Now, $\log_{49^{3}} x = \log_{(7^{2})^{3}} 7 = \log_{7^{6}} 7 $
$= \dfrac{1}{6} \qquad(\because \left({7^6}\right)^{1/6} = 7)$
Last step can also be solved by
$\log_{7^{6}} 7= \dfrac{1}{6} \log_{7} 7 = \dfrac{1}{6}.\qquad [\because\log_{a^{b}} c = \dfrac{1}{b}\log_{a} c,\,\, \log_{a} a = 1]$
So, the correct answer is $(B).$