Indian Contract Act is currently applicable to*Whole of IndiaWhole of India except Jammu & KashmirWhole of worldIndia and SAARC countries

The Indian Contract Act, enacted in 1872, primarily governs contracts in India. Its applicability is a subject of legal interpretation.

1. Whole of India: The Indian Contract Act applies to the entire territory of India, with certain exceptions.

2. Whole of India except Jammu & Kashmir: Historically, Jammu and Kashmir had special status under Article 370 of the Indian Constitution, which meant certain Indian laws, including the Indian Contract Act, did not apply without specific adaptation. However, this status was revoked.

3. Whole of world: The Act does not have extraterritorial application; it is specific to India.

4. India and SAARC countries: The Act does not apply to other countries; it is specific to contracts within Indian jurisdiction.

Conclusion

The most accurate choice is "Whole of India".