Which statement best explains the significance of the Independence Day pledge?

26 January was observed as Independence Day after the Purna Swaraj resolution. This is the true significance of the Independence Day pledge (1930). On the Independence Day pledge: the pledge was read out at public meetings across India and became the first organised, nationwide observance of an Independence Day, years before actual independence arrived in August 1947. The Independence Day pledge belongs to the 1927-1947 phase of India's national movement, and exam setters often pair the Independence Day pledge with neighbouring milestones on this timeline to test precise, date-wise recall. The statement "It immediately created a sovereign republic without negotiations." is incorrect for the Independence Day pledge because it exaggerates the actual outcome, which was: 26 January was observed as Independence Day after the Purna Swaraj resolution. The statement "It was only a local economic measure with no political effect." is incorrect for the Independence Day pledge because it exaggerates the actual outcome, which was: 26 January was observed as Independence Day after the Purna Swaraj resolution. The statement "It ended all nationalist activity permanently." is incorrect for the Independence Day pledge because it exaggerates the actual outcome, which was: 26 January was observed as Independence Day after the Purna Swaraj resolution. Competitive exams such as SSC CGL, SSC CHSL, State PSC, and Railway exams frequently test the Independence Day pledge of 1930, so keeping the year, the key person, and the outcome linked together in memory helps avoid confusion with nearby events in the national movement timeline.