Explanation:

- The Hindustan Socialist Republican Association (HSRA) was founded with the aim of overthrowing British rule in India.

- Option 1: 1930 - This year is incorrect; by 1930, the HSRA was already active.

- Option 2: 1928 - This is the correct year when the HSRA was formed by leaders like Bhagat Singh, Chandrashekhar Azad, and others. The organization aimed to establish a socialist republic in India.

- Option 3: 1921 - This was a time when various revolutionary activities were taking place, but not the formation of HSRA.

- Option 4: 1922 - Similarly, this year is not accurate for the formation of the HSRA.