Who among the following Indian musicians was a part of a band named 'Planet Drum' along with Mickey Hart, Sikiru Adepoju, and Giovanni Hidalgo, whose first album received the 1992 Grammy Award for Best World Music Album, which was the first Grammy in this category?

Zakir Hussain

The correct answer is Option (2) - Zakir Hussain

The Indian musician who was a part of the band named 'Planet Drum' and contributed to their first album, which received the 1992 Grammy Award for Best World Music Album, is Zakir Hussain.