The point on the number line represents C)
.
Step-by-step explanation:
Step 1:
The distance between 0 and 1 is split into 4 partitions.
The value for each distance is given by dividing the difference by the number of partitions; 
So each partition represents a value of 
Step 2:
The value of the first partition;
,
The value of the second partition; 
The value of the third partition;
,
The value of the fourth partition; 
The point on the number line is in between the zero and the second partition so it is the first partition which has a value of 