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Option 1: Bandipur - This is a popular wildlife sanctuary located in Karnataka, India. However, it is not known for its conservation efforts towards rhinos.
Option 2: Periyar - Periyar Wildlife Sanctuary is situated in Kerala, India. While it is a significant conservation area, it does not have a specific project focused on conserving rhinos.
Option 3: Kaziranga - The correct answer. Kaziranga National Park, located in Assam, India, is renowned for its successful rhino conservation project. It is home to two-thirds of the world`s Great One-Horned Rhinoceros population.
Option 4: Gir - Gir National Park, located in Gujarat, India, is famous for its Asiatic lion conservation. It does not have a specific project for conserving rhinos.
Therefore, the correct answer is option 3, Kaziranga.