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The correct answer is option 3, Jamshedji Tata. The author of the famous autobiographical narrative mentioned in the question is identified as someone who was the head of one of India`s leading business houses and a Member of Rajya Sabha. Although the name of the book or the author is not mentioned, we can deduce the author based on the information provided.
Option 1, K.K. Birla, is not the correct answer because the question states that the author is/was the head of one of India`s leading business houses, and K.K. Birla was not known for his leadership in a business house.
Option 2, Dhiru Bhai Ambani, is not the correct answer because the question does not mention his involvement in the Rajya Sabha or his book being an autobiographical narrative.
Option 3, Jamshedji Tata, is the correct answer. The question describes the author as the head of a leading business house, which aligns with Tata`s leadership role in the Tata Group. Additionally, the question mentions the author`s embrace of principles related to the creation of wealth, philanthropy, political leadership, and nation-building. These principles are well-known aspects of Jamshedji Tata`s legacy.
Option 4,