A dipeptide, “x”, on complete hydrolysis gives “y” and “z”; “y” on treatment with aqueous HNO$_2$, produces lactic acid. On the other hand, “z” on heating gives the following cyclic molecule. 
Based on the information given, the dipeptide X is:
The dipeptide "x" is identified by analyzing its constituent amino acids, "y" and "z," obtained after hydrolysis:
Therefore, the dipeptide "x" is confirmed as alanine-glycine based on the provided data.
| List-I (Amino Acid) | List-II (Nature of Amino Acid) |
|---|---|
| (A) Valine | (I) Basic amino acid |
| (B) Glycine | (II) Neutral optically active amino acid |
| (C) Lysine | (III) Acidic amino acid |
| (D) Glutamic acid | (IV) Neutral optically inactive amino acid |