Step 1: Concept
For a weak monobasic acid, $[H^+] = C \times \alpha$, where $C$ is the molar concentration and $\alpha$ is the degree of dissociation.
Step 2: Meaning
Concentration $C = 0.02$ M and percentage dissociation is 2%, so $\alpha = \dfrac{2}{100} = 0.02$.
Step 3: Analysis
Calculate $[H^+]$:
\[[H^+] = 0.02 \times 0.02 = 4 \times 10^{-4}\ \text{M}.\]
\[\text{pH} = -\log(4 \times 10^{-4}) = 4 - \log 4 = 4 - 0.602 = 3.398 \approx 3.4.\]
Step 4: Conclusion
The pH is approximately 3.4.
Final Answer: (A)