Answer: C. Degeneration of the corpus luteum causes progesterone to fall, which removes endometrial support, leading to shedding (menstruation) and the start of a new cycle (NCERT Class 12 Biology Chapter 2, page 40).
Why A is wrong: A is wrong because corpus luteum degeneration LOWERS progesterone; rising progesterone would maintain the endometrium, not lead to a new cycle. (trap: reversing the hormonal direction)
Why B is wrong: B is wrong because this describes the pre-ovulatory positive feedback loop, not the post-luteal event sequence. (trap: placing ovulatory events after corpus luteum degeneration)
Why D is wrong: D is wrong because FSH actually rises (not falls) after corpus luteum degeneration removes inhibition, recruiting new follicles. Amenorrhea does not result from a normal luteal regression. (trap: inverting feedback outcome)