Which statement best explains the significance of the Poona Pact?

It replaced separate electorates for the Depressed Classes with reserved seats in joint electorates. This is the true significance of the Poona Pact (1932). On the Poona Pact: it was signed after Gandhi undertook a fast in Yerwada Jail against the Communal Award's separate electorates for the Depressed Classes, and the pact's joint-electorate compromise ended his fast. The Poona Pact belongs to the 1927-1947 phase of India's national movement, and exam setters often pair the Poona Pact 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 Poona Pact because it exaggerates the actual outcome, which was: It replaced separate electorates for the Depressed Classes with reserved seats in joint electorates. The statement "It was only a local economic measure with no political effect." is incorrect for the Poona Pact because it exaggerates the actual outcome, which was: It replaced separate electorates for the Depressed Classes with reserved seats in joint electorates. The statement "It ended all nationalist activity permanently." is incorrect for the Poona Pact because it exaggerates the actual outcome, which was: It replaced separate electorates for the Depressed Classes with reserved seats in joint electorates. Competitive exams such as SSC CGL, SSC CHSL, State PSC, and Railway exams frequently test the Poona Pact of 1932, 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.