Step 1: Understanding the first order reaction.
For a first-order reaction, the half-life (\( t_{1/2} \)) is related to the rate constant \( k \) by the equation:
\[
t_{1/2} = \frac{0.693}{k}
\]
Rearranging the formula, we can solve for the rate constant:
\[
k = \frac{0.693}{t_{1/2}}
\]
Step 2: Substituting the known values.
Given that the half-life \( t_{1/2} = 60 \, \text{min} \), we can substitute this into the equation to find \( k \):
\[
k = \frac{0.693}{60} = 1.155 \times 10^{-2} \, \text{min}^{-1}
\]
Step 3: Conclusion.
The correct answer is (C) \( 1.155 \times 10^{-2} \, \text{min}^{-1} \).