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The correct answer is option 3: Tejas. Tejas is an indigenously built light combat aircraft of India. It is designed and developed by the Aeronautical Development Agency (ADA) in collaboration with Hindustan Aeronautics Limited (HAL) for the Indian Air Force and the Indian Navy.
Option 1, Akash, is a surface-to-air missile system developed by the Defence Research and Development Organisation (DRDO) and is not an aircraft.
Option 2, Vikrant, is an aircraft carrier being built for the Indian Navy, but it is not a fighter aircraft.
Option 4, Arjun, is a main battle tank developed by the DRDO and is not an aircraft.
The Tejas is a multi-role fighter aircraft that features a combination of agility, ease of maintenance, and modern avionics. It has been in development since the early 1980s and received Initial Operational Clearance in 2013. The Tejas is seen as a major step towards attaining self-sufficiency in the field of military aviation for India.