The correct answer is Option 4: India should be given Dominion status.

Sir Stafford Cripps was a British politician and a member of the Labour Party who was sent to India in 1942 by the British government to negotiate with the Indian National Congress (INC) leaders regarding India`s political future. The plan put forward by Cripps is known as the Cripps Mission and it envisaged that India should be given Dominion status after the Second World War.

Dominion status would have meant that India would have had its own government, constitution, and the right to self-governance, but would remain a part of the British Commonwealth of Nations. This was a compromise position between the demands of the Indian National Congress for complete independence and the British desire to retain some control over India.

The Cripps Mission proposed that a constituent assembly should be formed to draft a new constitution for India. This constitution would be enacted by the British Parliament but could be amended by the Indian government. The British would also retain control over India`s defense, foreign policy, and communications.

The Cripps Mission was initially rejected by the Indian National Congress as it did not go far enough in granting India complete independence. However, the Muslim League, which had been calling for the partition of India, was more receptive to the proposal. The Cripps Mission ultimately failed, as the Indian National Congress refused to participate in the constituent assembly and the British government was not willing to grant India complete independence.

It is worth noting that the Cripps Mission did not propose the partition of India, as mentioned in Option 2. The partition of India was a later development that occurred in 1947, after the British had announced their intention to grant India independence.

In conclusion, the plan of Sir Stafford Cripps envisaged that after the Second World War, India should be given Dominion status, as outlined in Option 4. This proposal was a compromise between the demands of the Indian National Congress for complete independence and the British desire to retain some control over India.