What does the acronym 'NAM' stands for in International Politics?

The correct answer is Option 2 - Non-Aligned Movement

The Non-Aligned Movement was formed during the Cold War as an organization of States that did not seek to formally align themselves with either the United States or the Soviet Union, but sought to remain independent or neutral.

5 Founders of the Non-Alignment Movement are:

Josip Broz Tito - President of Yugoslavia
Jawaharlal Nehru - Prime Minister of India
Sukarno - President of Indonesia
Gamal Abdel Nasser - President of Egypt
Kwame Nkrumah - Prime Minister and later President of Ghana