The most appropriate English translation of ’ লােকেরা দ্বিতীয় ব্যাখ্যায় বিশ্বাস করে, তারা প্রথম ব্যাখ্যায় বিশ্বাসীদের তুলনায় ভিন্ন জগতে বাস করে' is

Those who believe in the first explanation live differently from the second world.

People believing in the first explanation live in the first one.

People who believe the second explanation live in a very different world from those who believe the first.

People who inhabit the first world believe in what is believed in the second world.

None of these