Under the Bharatiya Nagarik Suraksha Sanhita, 2023, a Magistrate of the First Class may pass a sentence:

Section 23(2) of the Bharatiya Nagarik Suraksha Sanhita, 2023 (formerly section 29(2) CrPC) empowers a Magistrate of the first class to pass a sentence of imprisonment for a term not exceeding three years, or of fine not exceeding fifty thousand rupees, or of both, or community service. So the option stating three years and fifty thousand rupees is correct. Seven years is the limit for a Chief Judicial Magistrate under section 23(1), and the one-year and two-year options understate the power.