Correct Answer - Option 3 : Poly vinyl acetale
Emulsion paint:
An emulsion paint has acrylic resin (other resins too like SB-latex, poly vinyl acetate etc) in an emulsion form, acting as a binder or adhesive on the surface. Any paint needs an adhesive which sticks to the surface. Acrylic resin in this paint sticks to the surface and holds the other ingredient in place after drying.
Paint contains
Pigments – which give the colour and protection from UV light
Solvents – which either dissolve some portion or improve the flow of paint
Additives – like anti skinning agent, anti-settling agents and surface active agents