We know that the Taylor series expansion of any function $f(x)$ centered around any general point $x=a$ is given as :
$f(x)=f(a)+\frac{f'(a)}{1!}(x-a)+\frac{f''(a)}{2!}(x-a)^{2}+...$ (Refer: Taylor Series Definition)
So, for the given function $f(x)=ln(1+x^{2})$, at $x=0$, the taylor series expansion would look like:
$f(x)=f(0)+\frac{f'(0)}{1!}(x-0)+\frac{f''(0)}{2!}(x-0)^{2}+\frac{f'''(0)}{3!}(x-0)^{3}+\frac{f''''(0)}{4!}(x-0)^{4}+...$ -------(1)
$f(0)=0$
Now, $f'(x)=\frac{2x}{1+x^{2}}$ $\Rightarrow$ $f'(0)=0$
$f''(x)=\frac{2-2x^{2}}{(1+x^{2})^{2}}$ $\Rightarrow$ $f''(0)=2$
So, the series would be : $f(x)=0+\frac{0}{1!}(x)+\frac{2}{2!}(x^{2})+...$
Here, Option A gives the first term as $(-1)^{1}\times \frac{x^{1}}{1}$ , which is clearly wrong as the first term of the taylor series of this function is $x^{2}$.
Option B gives the first term of the series as $(-1)^{2}\times \frac{x^{2}}{1}$, which is correct and hence the correct answer
Option C gives the first term of the series as $(-1)^{2}\times \frac{x^{3}}{2}$, which clearly is wrong
Option D gives the first term of the series as $(-1)^{2}\times \frac{x^{2}}{2}$, which clearly is wrong
Hence Option B is the correct answer. To be more specific one can also check the second term of the series but that would require calculating the fourth derivative(as third derivative at $x=0$ turns out to be $0$) of this function which would take more time.