Option 1: Benazir Bhutto - Benazir Bhutto was the first woman Prime Minister of Pakistan. She served two non-consecutive terms as Prime Minister, from 1988 to 1990 and again from 1993 to 1996. She belonged to the Pakistan Peoples Party (PPP) and was known for her strong and charismatic leadership. Benazir Bhutto`s tenure as Prime Minister faced several challenges including political instability, corruption allegations, and military intervention. However, she made significant contributions to democracy and women`s rights in Pakistan. She was assassinated in 2007.
Option 2: Sheikh Hasina Wazed - Sheikh Hasina Wazed is the Prime Minister of Bangladesh, not Pakistan. So, this option is incorrect.
Option 3: Hina Rabbani Khar - Hina Rabbani Khar is a Pakistani politician and diplomat, but she has not served as the Prime Minister of Pakistan. So, this option is incorrect.
Option 4: None of the options are correct - This option is incorrect as the first woman Prime Minister of Pakistan is indeed Benazir Bhutto.