Step 1: Understanding the Concept:
The 1857 Revolt broke out in various centers across North and Central India, each led by local figures who had grievances against British rule.
Step 2: Detailed Explanation:
1. Rani Lakshmi Bai: After her state was annexed under the Doctrine of Lapse, she led the heroic defense of Jhansi. $\rightarrow$ (A) matches (III).
2. Birjis Qadr: He was the son of Wajid Ali Shah and was crowned the Nawab of Awadh (Lucknow) by the rebel sepoys and local population. $\rightarrow$ (B) matches (II).
3. Kunwar Singh: An elderly zamindar from Jagdishpur, he led the struggle in the Arrah district of Bihar. $\rightarrow$ (C) matches (I).
4. Nana Sahib: The adopted son of the last Peshwa, he led the uprising at Kanpur after his pension was refused. $\rightarrow$ (D) matches (IV).
Step 3: Final Answer:
The correct matching sequence is (A)-(III), (B)-(II), (C)-(I), (D)-(IV), which corresponds to option (B).