Step 1: Concept
Vikramshila University was one of the renowned Buddhist universities established during the Pala Empire, known for its significant contributions to education and learning in ancient India.
Step 2: Meaning
The question asks about the specific Pala ruler who founded Vikramshila University around the 8th century. Understanding this requires knowledge of the historical context and rulers of the Pala dynasty.
Step 3: Analysis
Vikramshila University was indeed established during the reign of Dharmapala, a notable ruler of the Pala Empire. Dharmapala is known for his patronage of Buddhism and his efforts in promoting education and religious studies. His rule saw significant advancements in various fields including art, architecture, literature, and science.
Devpala, Mahendrapala, and Shisupala were other rulers of the Pala dynasty but are not associated with the establishment of Vikramshila University. Devapala was known for his military conquests, while Mahendrapala is more famous for his contributions to art and architecture rather than education.
Step 4: Conclusion
Dharmapala, a ruler of the Pala Empire in the 8th century, established Vikramshila University, which became an important center of learning during that period.
Final Answer: (B)