The correct answer is option 1, the Circum Pacific Belt. The `Ring of Fire` is an area where a large number of earthquakes and volcanic eruptions occur. It is a horseshoe-shaped region that encircles the Pacific Ocean. This region is also known as the Circum Pacific Belt. It stretches from the western coast of the Americas, through the western coast of North and South America, to Alaska, Asia, and Oceania. The Ring of Fire is known for its high volcanic and seismic activity due to the movement and collision of tectonic plates. It is home to about 75% of the world`s active volcanoes and around 90% of the world`s earthquakes, making it a highly significant and potentially hazardous geological zone.