In order to be eligible to contest Panchayat Elections in India, it is necessary to hold certain minimum educational qualifications in two out of the four mentioned Indian states. The correct answer is option 2, which states that the two states where minimum educational qualifications are required are Haryana and Rajasthan.

However, it is important to note that the level of educational qualifications required may vary in each state. In Haryana, candidates contesting Panchayat Elections must have at least passed the 10th standard (matriculation level). In Rajasthan, the minimum educational qualification required is the completion of secondary education (10th standard).

It is essential to be aware of such requirements as they determine the eligibility criteria for candidates participating in Panchayat Elections in different states.