The correct option is A x2+y2−3x−2y−1=0
The given equation of circle x2+y2−4x−6y−3=0
Comparing it with the generalized circle equation x2+y2+2gx+2fy+c=0, we get g=−2,f=−3,c=−3
Two tangents are drawn from point P (1, -1), which meets the above circle at A and B.
Generalized equation of the circle circumscribing the triangle formed by pair of tangent from point (X1,Y1) and corresponding chord of contact is (x−X1)(x+g)+(y−Y1)(y+f)=0,
Substituting the values of X1,Y1,f,g in the above equation, we get
(x−1)(x−2)+(y+1)(y−3)=0, which simplifies to x2+y2−3x−2y−1=0.
Hence, Option C is correct.