What is the significance of our Victory Day?

(Read the passage and answer the following question)

We pay homage to our martyrs because they sacrificed their lives to defend the honour and dignity of our country and to liberate our people.

The name of the monument situated at Savar is the National Martyrs' Memorial.

About three million people have sacrificed their lives for our country's liberation.

The nation celebrates the Victory Day on 16 December with great enthusiasm and fervour. Besides organizing different types of programs, the nation celebrates the day with colourful flags, banners and parades.