The correct answer is Panaji.
Panaji is the capital of the Indian state of Goa. It is located on the banks of the Mandovi River, in the northern part of the state. Panaji is a popular tourist destination, known for its beaches, churches, and Portuguese colonial architecture.
Mapusa is a town in North Goa district in the Indian state of Goa. It is the largest town in the district and is located about 15 kilometers from Panaji, the state capital. Mapusa is a major commercial center and is home to a number of markets, including the Mapusa Market, which is one of the largest markets in Goa.
Margao is a city in South Goa district in the Indian state of Goa. It is the second largest city in Goa, after Panaji. Margao is a major commercial and industrial center and is home to a number of industries, including textiles, chemicals, and food processing.
Bicholim is a town in North Goa district in the Indian state of Goa. It is located about 40 kilometers from Panaji, the state capital. Bicholim is a major agricultural center and is home to a number of industries, including rice milling, cashew processing, and iron ore mining.