Option 1 states that Sanskrit language and literature reached a level of classical excellence during the Gupta period due to royal patronage. This means that the Gupta rulers supported and promoted the development of Sanskrit language and literature, resulting in its refinement and advancement.

Option 2 states that the status of women was redefined during the Gupta period. They were entitled to formal education, which led to the emergence of women teachers, philosophers, and doctors. Additionally, early marriage was prohibited by law, and women were given the right to property. This option highlights the positive changes that occurred for women during the Gupta period.

Option 3 states that decentralization of administrative authority was impacted by increased grants of land and villages with fiscal and administrative immunities to priests and temples. This means that the Gupta rulers granted land and villages to priests and temples, giving them certain privileges and exemptions from fiscal and administrative control. This led to a decentralization of power and authority.

Option 4 states that land grants paved the way for feudal developments and the emergence of serfdom in India, resulting in the depression of the peasantry. This option suggests that land grants during the Gupta period led to the establishment of feudalism and the exploitation of peasants, leading to their oppression and economic depression.

The correct answer