Explanation:

- Global Investors Meet, ASCEND 2020 was organized by the state government of Kerala.

- Option 1: Maharashtra - Maharashtra is an industrially advanced state in India but was not the host state for ASCEND 2020.

- Option 2: Kerala - Kerala hosted ASCEND 2020 to showcase its business potential and attract investments in various sectors including tourism, infrastructure, and IT.

- Option 3: Rajasthan - Rajasthan has hosted investment summits in the past, but it was not the location for ASCEND 2020.

- Option 4: Gujarat - Known for events like Vibrant Gujarat, it often attracts global investment but did not host ASCEND 2020.

Correct Answer: Option 2: Kerala