Explanation:

Correct answer is D [Advancing the date of transfer of power from June 1948 to August 15,1947]

Explanation:The Indian Independence Act was based upon the Mountbatten plan of 3rd June 1947 and was passed by the British parliament on July 5, 1947. It received royal assent on July 18, 1947. It provided for two dominion states: India and Pakistan. The boundaries between the two dominion states were to be determined by a Boundary Commission {under Sir Cyril Radcliff}. It provided for partition of Punjab & Bengal and separate boundary commissions to demarcate the boundaries between them. The authority of the British Crown over the princely states ceased and they were free to join either India or Pakistan or remain independent. Both the dominions of India and Pakistan were to have Governor Generals to be appointed by the British King. The act also provided for a common Governor General if both of them agreed. The constituent assemblies of both the states were free to make constitutions of their respective countries. For the time being till the constitution was made, both of them would be governed in accordance with the Government of India act 1935.