Option 1 -> Rajasthan covers approximately 342,239 sq km, making it the largest state by area.
Option 2 -> Maharashtra has an area of about 307,713 sq km, third largest state.
Option 3 -> Uttar Pradesh covers approximately 240,928 sq km, fourth largest by area but most populous.
Option 4 -> Madhya Pradesh has an area of about 308,245 sq km, second largest state.
Hence, Option 1: Rajasthan -> Located in northwestern India, Rajasthan accounts for about 10.4% of India's total geographical area, making it the largest state since its formation in 1956 -> correct