The time constant of the network shown in the figure is 
A quick scaling argument also confirms this result. Replacing a single resistor \(R\) with two identical resistors in parallel halves the effective resistance, while replacing a single capacitor \(C\) with two identical capacitors in parallel doubles the effective capacitance. Since the time constant of a simple RC network is the product of its resistance and capacitance, halving one factor while doubling the other leaves the product unchanged from what a single \(R\) and a single \(C\) alone would give.
Therefore, the correct answer is \(CR\).