Option 1 is spelt correctly: Knowledge. Knowledge means a theoretical or practical understanding of a subject. For example: Children go to school to gain knowledge. The other words should be spelt as --
Neice-- niece : daughter of one's brother or sister,
Patner---partner : a person or organization you are closely involved with in some way
Lisence-- license : an official document that gives you permission to own, do, or use something