Explanation:

- The state of Bombay was divided into Maharashtra and Gujarat on May 1, 1960. This division was based on linguistic lines to cater to the Marathi-speaking populace in Maharashtra and the Gujarati-speaking people in Gujarat.

- Option 1 (1959): This year is not the correct year for the bifurcation of Bombay state.

- Option 2 (1962): This year is a couple of years after the actual bifurcation took place.

- Option 3 (1960): This is the correct year for the bifurcation of the state of Bombay into Maharashtra and Gujarat.

- Option 4 (1958): This year comes before the actual split of the state.