We are asked to find the value of the limit:
\[
\lim_{x \to 0} \frac{1 - \cos x}{x^2}.
\]
We can use the Taylor series expansion of \( \cos x \) around \( x = 0 \) to solve this. The Taylor series for \( \cos x \) is:
\[
\cos x = 1 - \frac{x^2}{2} + O(x^4).
\]
Now substitute this expansion into the given expression:
\[
1 - \cos x = 1 - \left( 1 - \frac{x^2}{2} + O(x^4) \right) = \frac{x^2}{2} + O(x^4).
\]
Thus, the limit becomes:
\[
\lim_{x \to 0} \frac{\frac{x^2}{2} + O(x^4)}{x^2} = \lim_{x \to 0} \frac{x^2}{2x^2} = \frac{1}{2}.
\]
Therefore, the value of the limit is \( \frac{1}{2} \), corresponding to Option (C).
Final Answer: (C) \( \frac{1}{2} \)