Correct option is C
Given: NPI, LNG, JLE, HJC, ?

Logic: Letters are decreasing - 2 place.
N - 2 = L, L - 2 = J, J - 2 = H, H - 2 = F
P - 2 = N, N - 2 = L, L - 2 = J, J - 2 - H
I - 2 = G, G - 2 = E, E - 2 = C, C - 2 = A
So, the missing term is FHA.
Thus, correct option is (c).