The capacitance of a sphere is given by $C = 4\pi\epsilon_0 r$, where $r$ is the radius.
Let $r$ be the radius of each smaller drop and $R$ be the radius of the big drop. Since the volume of the combined drop is equal to the sum of the volumes of the smaller drops:
$\frac{4}{3}\pi R^3 = 8 \times \frac{4}{3}\pi r^3$
$R^3 = 8r^3$
$R = 2r$
The capacitance of a smaller drop is $C_\text{small} = 4\pi\epsilon_0 r$.
The capacitance of the bigger drop is $C_\text{big} = 4\pi\epsilon_0 R = 4\pi\epsilon_0 (2r) = 2(4\pi\epsilon_0 r) = 2C_\text{small}$.
The correct answer is (A) 2 times.