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As per Section 11 of The Indian Contract Act, 1872, every person is competent to contract provided he

 
is of the majority age according to the law to which he is subject
is of sound mind
is not disqualified from contracting by any law to which he is subject
All of the above

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Opt 4 is crt

Every person is competent to contract who is of the age of majority according to the law to which he is subject,1 and who is of sound mind and is not disqualified from contracting by any law to which he is subject. —Every person is competent to contract who is of the age of majority according to the law to which he is subject,1 and who is of sound mind and is not disqualified from contracting by any law to which he is subject."

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