The correct option is C torque is present but no net force
It happens only if its potential energy will be zero.And it happens only if both needle and magnetic field will be far to each other
μ=−→m⋅→B=0
mBcosθ=0
∴θ=90
τ=→m×→B
=mBsinθ
=mBsinθ
=mB
∴ The torque is non-zero,but force is zero as line of force is same but direction is opposite.