Step 1: Understanding the formula for resolving power.
In the formula for resolving power of a microscope, the numerical aperture \( N.A. \) is defined as:
\[
N.A. = \mu \sin \alpha
\]
Where:
- \( \mu \) is the refractive index of the medium,
- \( \alpha \) is the half-angle of the cone of light entering the microscope,
- \( \lambda \) is the wavelength of light.
Thus, the correct answer is (C) \( \mu \sin \alpha \).