The correct answer is option 1, Masulipatnam. Masulipatnam, now known as Machilipatnam, was the earliest settlement of the Dutch in India. It was established by the Dutch East India Company in 1605. Masulipatnam was an important trading center on the Coromandel Coast and served as a major port for the Dutch in their trade with the Indian subcontinent and Southeast Asia. The Dutch had a strong presence in Masulipatnam for several decades and engaged in trade activities, particularly in textiles and spices. Eventually, their control over Masulipatnam declined in the early 18th century with the emergence of other European powers in India, such as the British and the French.