Step 1: Concept
This is a backward alphabet series where each letter is shifted by a constant number of positions.
Step 2: Meaning
Numerical positions: $V(22), S(19), P(16), M(13)$.
Step 3: Analysis
The difference between each consecutive letter is $-3$. $22 - 3 = 19$; $19 - 3 = 16$; $16 - 3 = 13$.
Step 4: Conclusion
The next letter should be $13 - 3 = 10$. The 10th letter of the alphabet is $J$. Verifying the last term: $10 - 3 = 7$ ($G$), which fits the series.
Final Answer: (C)