Q4. With reference to the period of the Indian freedom struggle, which of the following accurately describes the 'Safety Valve' theory? 1. It was proposed by nationalist leaders to provide a safe outlet for the rising discontent among the Indian masses. 2. The theory suggests that A.O. Hume, a retired British civil servant, formed the INC with the explicit aim of preventing a violent, nationwide outbreak similar to the Revolt of 1857. 3. Lala Lajpat Rai used this theory to criticize the moderate phase of the INC. How many of the above statements are correct? A) Only one B) Only two C) All three D) None