The correct option highlights that Article 21 of the Indian Constitution guarantees the Right to Life and Personal Liberty, which has been interpreted by the Supreme Court to inherently include the Right to Privacy. This interpretation aligns with the freedoms enshrined in Part III, which safeguard individual dignity and autonomy. Hence, the protection of privacy is seen as vital for the realization of personal liberty and a fundamental aspect of a dignified life, thus intertwining personal freedoms with the broader right to existence.