A RAML example fragment named StudentExample.

To include property. To keep the API definition concise, you can include external content, such as documentation, schemas, and frequently used patterns outside the definition itself. The parser interprets !include as if the content of the externally-hosted file or a URL were declared in-line.

To use the fragments in RAML you have to include the exact path(copy the path) of that fragment you want to use as shown below

Option 3 is the correct as correct syntax is

examples: !include examples/StudentExample.raml