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The correct answer is option 1 - Manik Sarkar of Tripura. He is serving as the Chief Minister of Tripura for the fourth consecutive term.
Option 2 - Tarun Gogoi of Assam, is not the correct answer as he is not serving as the Chief Minister for the fourth consecutive term.
Option 3 - Neiphiu Rio of Nagaland, is not the correct answer as he is not serving as the Chief Minister for the fourth consecutive term.
Option 4 - Okram Ibobi Singh of Manipur, is not the correct answer as he is not serving as the Chief Minister for the fourth consecutive term.
Manik Sarkar has been the Chief Minister of Tripura since March 1998. He has won four consecutive assembly elections, in 1998, 2003, 2008, and 2013. Therefore, he is currently serving his fourth consecutive term as Chief Minister of Tripura. It is worth noting that Manik Sarkar is a member of the Communist Party of India (Marxist).