We have a parabola with the vertex at (0,0).
If we write the equation in vertex form, we have:

We have to find the value of the parameter a.
As the parabola is concave down, we already know that a<0.
As a<0 and y=a*x^2, the only option that satisfies this condition is y=-1/2*x^2.
Answer: y=-(1/2)*x^2 [Option C]