Explanation:

The female labor force participation rate in India has fallen to 26 percent in 2018 from 36.7 percent in 2005. According to the report by Deloitte titled 'Empowering Women & Girls in India for the Fourth Industrial Revolution', 95 percent or 195 million women are employed in the unorganized sector or are in unpaid work. Some of the major reasons for the same include -:
Rising higher educational enrolment of young women

• Rising higher educational enrolment of young women increases the time spent at acquiring education for the women and hence leads to a reduction in the female labor force participation rate. Also, more educated women are likely to marry more educated men with higher incomes. If family income is high, women would have less incentive to work and consequently withdraw from labor force participation. Hence option 1 is correct.

Lack of employment opportunities

• Women generally have found labor-intensive industries like textiles, footwear, MSMEs, etc. as an enabler of employment opportunities. However, with the decline in labor-intensive industries, there has been a consequent decline in female labor force participation rate in India. Hence option 2 is correct. 

Effect of household income on participation

• The rising household income and the patriarchal norms of society which confine women to domestic household make the women labor dispensable. Thus, there is less incentive for women to work and consequently withdraw from labor force participation. Hence option 3 is correct.