Ah, it's for schoolwork, thanks. In that case I'll move this to the schoolwork forums for you now.
Also, you are required to show your efforts on schoolwork questions before we can offer much tutorial help. Please tell us what you know about Common Emitter NPN transistor amplifier circuits. How are they biased? And what type of oscillator circuit is the output NPN transistor forming? How is any Frequency Modulation (FM) being accomplished in this circuit?