The focal length \( f \) of a plano-convex lens is given by:
\[
\frac{1}{f} = \left( \frac{n - 1}{R} \right)
\]
For the combination of lenses, we can calculate the effective focal length by considering the refractive index of the lenses and the intervening medium (oil). Using the lens maker's formula and the refractive index values, we find that the effective focal length of the combination is -50 cm.
Hence, the correct answer is (c).