Step 1: Understanding the Concept:
The capacitance of a parallel plate capacitor is $C = \frac{K\varepsilon_0 A}{d}$, where $K$ is the dielectric constant and $d$ is the distance.
Step 2: Detailed Explanation:
Initial state (Air, $K=1$): $C_1 = \frac{\varepsilon_0 A}{d} = 1.0\text{ pF}$.
Final state (Dielectric $K$, Distance $2d$): $C_2 = \frac{K\varepsilon_0 A}{2d} = 2.0\text{ pF}$.
Substitute $\frac{\varepsilon_0 A}{d} = 1.0$ into the second equation:
$$\frac{K}{2} \times (1.0) = 2.0$$
$$K = 2.0 \times 2 = 4.0$$
Step 3: Final Answer:
The dielectric constant is 4.0.