The correct answer is option 4: I-B, II-D, III-A and IV-C.

The Butler Committee Report (I) is matched with B (Relationship between the Indian States and Paramount Power). The Butler Committee was formed to study and improve the relationship between the Indian princes and the paramount power (Britain).

The Hurtog Committee Report (II) is associated with D (The growth of education in British India and potentialities of its further progress). The Hurtog Committee was established to review the growth of education in British India and consider its future prospects.

The Hunter Inquiry Committee Report (III) is connected with A (Jallianwala Bagh Massacre). This committee was set up to investigate the Jallianwala Bagh Massacre that occurred in 1919 in India.

The Muddiman Committee Report (IV) is linked with C (Working of Dyarchy as laid down in the Montague-Chelmsford Reforms). The Muddiman Committee was assigned to evaluate the functioning of the Montague-Chelmsford Reforms, which introduced the dyarchy system in provinces.

Therefore, the correct combination is I-B, II-D, III-A, IV-C.