Step 1: Rules for reading binary files with Pickle.
- Binary files must be opened using mode \texttt{"rb"} (read binary).
- To read pickled data, use \texttt{pickle.load(file__object)}.
Step 2: Checking each option.
- Option 1: Uses \texttt{"r"} instead of \texttt{"rb"}. Wrong.
- Option 2: \texttt{f1.load()} is invalid because \texttt{load()} is from the \texttt{pickle} module, not a file method. Wrong.
- Option 3: Correct syntax → opens in binary read mode and uses \texttt{pickle.load(f1)}.
- Option 4: Uses \texttt{f1.read()}, which reads raw bytes, not deserialized objects. Wrong.
Step 3: Correct code.
\begin{verbatim}
import pickle
f1=open("notes.dat","rb")
data=pickle.load(f1)
print(data)
f1.close()
\end{verbatim}
Final Answer:
\[
\boxed{\text{Option (3)}}
\]