The release of insulin from the pancreatic beta cells can inhibit its further release from the same cells. this is an example of which type of hormone action

This is an example of AUTOCRINE HORMONE ACTION.
Autocrine signalling is a type of cell signalling in which a cell secretes an  hormone or a chemical agent that binds to the autocrine receptors of that same cell, leading to specific changes in the cell. The chemical agent or the hormone is called the autocrine agent.