Correct answer: (c) IV, II, I, III
Explanation
- A
I, II, IV, III
(a) I, II, IV, III. Nayak then Abid Hussain then Karve puts the 1955 Karve Committee after 1990s panels—impossible.
- B
III, II, I, IV
(b) III, II, I, IV. Kohli (2000) cannot open a sequence that must start with Karve.
- C
IV, II, I, III
(c) IV, II, I, III. The stored order is Karve, Abid Hussain, Nayak, Kohli—Village and Small-Scale Industry first, then the later SSI panels ending with Kohli on sick units. (c) Official key.
- D
I, II, III, IV
(d) I, II, III, IV. Opens with Nayak and never places Karve first.
Summary. Official key is (c). Chronology coded as IV, II, I, III: Karve Committee, Abid Hussain Committee, Nayak Committee, S. S. Kohli Committee for the small-scale sector.