In this question, we are given two lists - List I and List II. We need to match the items of List I with the corresponding items in List II.

List I consists of the names of dams, and List II consists of the names of states. Our task is to match each dam with the correct state.

The options given are in the form of codes. Each option represents the matching of dams with states.

Let`s evaluate each option:

Option 1:

Hirakud dam is matched with Odisha (Code A - 3)

Panchet dam is matched with Jharkhand (Code B - 4)

Kosi dam is matched with Bihar (Code C - 2)

Ukai dam is matched with Gujarat (Code D - 1)

So, option 1 is the correct answer as it matches the dams with the correct states.

Therefore, the answer to this question is option 1.