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Option 1: Netaji Subhas Chandra Bose is not the correct answer. Although he played a significant role in India`s fight for independence, the quote mentioned in the question is not attributed to him.
Option 2: Mahatma Gandhi is not the correct answer. While he was a prominent leader in India`s struggle for freedom, this specific quote is not associated with him.
Option 3: Jawaharlal Nehru is the correct answer. He spoke the famous words, "At the stroke of midnight, when the world sleeps, India awakes to life and freedom" in his historic speech on August 15, 1947, marking India`s independence from British rule.
Option 4: C. Rajagopalachari is not the correct answer. Although he was a prominent leader during the Indian independence movement, this specific quote is not attributed to him.
In conclusion, the correct answer is option 3 - Jawaharlal Nehru.