Step 1: Identify tense.
The given sentence is in present perfect passive voice — "has been read."
Step 2: Convert to active.
Passive: The novel has been read by me → Active: I have read the novel.
Step 3: Check options.
(A) I read the novel — wrong tense (simple present).
(B) I will have read the novel — future perfect, incorrect.
(C) Correct — matches tense and meaning.
(D) Grammatically incomplete.
Step 4: Conclusion.
Correct answer is (C).