Option (1) is incorrect: A District Magistrate shall, in consultation with the Sessions Judge, prepare a panel of names of persons to be appointed as the Public Prosecutor for the district.
Option (2) is incorrect: The High Court doesn’t prepare a panel of names of persons who are fit to be appointed as the Public Prosecutor for a district.
Option (3) is correct: Under Section 24(4) of the Code of Criminal Procedure, a District Magistrate shall, in consultation with the Sessions Judge, prepare a panel of names of persons, who are, in his opinion, fit to be appointed as the Public Prosecutor for the district.
Option (4) is incorrect: The Superintendent of Police has no authority to prepare a panel of names of to be appointed as the Public Prosecutor for a district.