Which Item Will Fall Faster A Book, A Pencil Or A Paper Clip?

The item with more weight will fall faster than other because gravitational force will act more on it.

In options given by you, Book appears to be heavier than Pencil and Paper clip.
This means Book will fall faster.

After that will fall the Pencil, which is heavy than paper clip and them comes Paper clip because of its less weight than other two.

You can also do a experiment on it at home.

Hold stop watch and throw a book, pencil and paper clip one by one from equal distance. Measure their time of falling in stop watch by turning it on at time of their fall and turn it off when they hit ground and notice the time showing which one took less time in falling.

A book. A book is heavier therefore it has a stonger gravatational field, making it fall faster.