The correct answer is:

I-E, II-A, III-B, IV-C

Explanation:

- Balamurali Krishna is associated with Carnatic vocal music, so option (E) Carnatic vocal is matched with artist I.

- Mita Pandit is associated with Hindustani vocal music, so option (A) Hindustani vocal is matched with artist II.

- Kanyakumari is associated with the violin, so option (B) Ghatam is not a correct match. It should be option (D) Violin, which is matched with artist IV.

- Nikhil Bannerjee is associated with the sitar, so option (C) Sitar is matched with artist III.

Therefore, the correct matching is:

I-E, II-A, III-B, IV-C.