Select the appropriate option of exclamatory sentence from the option…

The correct answer is Option (2) → B only

Assertive to exclamatory:

• When the adjective describes a singular countable noun ("a wonderful creation"), the exclamation begins with "What a": What a + adjective + noun + subject + verb!
• "How" goes with an adjective or adverb standing alone: How wonderful man is!
• The meaning and the words of the statement are kept. Only the form changes.
• This sentence: "Man is a wonderful creation of God" → "What a wonderful creation of God man is!"
  Example: It is a beautiful garden. → What a beautiful garden it is!

(A) How wonderful creation of God is Man! — Incorrect.

• A noun phrase with "a" needs "What a", not "How".
• "How wonderful creation" is ungrammatical, because "how" cannot go with a noun phrase that has lost its article.

(B) What a wonderful creation of God, man is! — Correct.

• It uses "What a" with the noun phrase and keeps the statement's meaning and words.

(C) How wonderfully man is created! — Incorrect.

• It changes the noun phrase into the adverb "wonderfully" and drops "of God", so it is a different sentence, not a conversion of the given one.

(D) How man is so wonderfully created by God! — Incorrect.

• "How ... so" is ungrammatical: "how" already expresses degree, so "so" cannot be added.

Contrast: What a goes with an adjective + singular noun (What a wonderful creation of God man is!). How goes with an adjective or adverb standing alone (How wonderful man is!), never with a noun phrase.