In this question, we are given a list of commissions and a list of their respective chairmen. We need to match the commissions with their correct chairmen.

Option 1: I-A, II-B, III-C, IV-D

According to this option, the Eleventh Commission is chaired by A.M. Khusro, Expenditure Reforms Commission is chaired by Bimal Jalan, Tenth Finance Commission is chaired by K.P. Geethakrishnan, and the Commission on Centre-State Relations is chaired by K.C. Pant.

Option 2: I-A, II-C, III-D, IV-E

According to this option, the Eleventh Commission is chaired by A.M. Khusro, Expenditure Reforms Commission is chaired by K.P. Geethakrishnan, Tenth Finance Commission is chaired by K.C. Pant, and the Commission on Centre-State Relations is chaired by R.S. Sarkaria.

Option 3: I-D, II-C, III-A, IV-E

According to this option, the Eleventh Commission is chaired by K.C. Pant, Expenditure Reforms Commission is chaired by K.P. Geethakrishnan, Tenth Finance Commission is chaired by A.M. Khus