Concept:
In aerial photogrammetry, the nadir point is the point on the ground vertically beneath the camera at the instant of exposure.
Step 1: Understand the important points.
• Perspective centre $\rightarrow$ Camera lens centre.
• Principal point $\rightarrow$ Intersection of the optical axis with the photograph.
• Isocenter $\rightarrow$ Point midway between the principal point and the nadir point.
• Nadir point $\rightarrow$ Ground point directly below the camera.
Step 2: Identify the correct point.
Therefore,
\[
\boxed{\text{The point directly below the camera is the Nadir Point}.}
\]
Hence, the correct option is
\[
\boxed{(C)\;\text{Nadir point}.}
\]