According to standard convention, there should be exactly 1 subnet mask.
It is a Class C network, therefore, 24 Most Significant bits are for Network ID part and Remaining 8 bits are for Host ID part. Now, in the question, 3 bits from Host ID part are taken for subnetting.
So Subnet Mask has to be 11111111.11111111.11111111.11100000
But, it is not mentioned as to which 3 bits of the 8 bits (Host ID part) are used for subnetting. So Mathematically, we have $^{8}C_{3}$ choices to make and thus $^{8}C_{3}$ = 56 subnet mask are possible.
Edit: The question does not mention about continuous/discontinues bit. If use of continious bits are not allowed then answer will be less then 56.
The question should have been more described. I would have gone for 1 as answer had this been an actual GATE question.