Step 1: Book Analysis and Matching:
(A) India's Economic Crisis: The Way Ahead: Authored by Bimal Jalan, former Reserve Bank of India Governor, this book analyzes the 1991 economic crisis and matches with (I).
(B) India: Economic Development and Social Opportunity: Co-authored by Nobel laureate Amartya Sen and Jean Dreze, this work focuses on development economics and matches with (II).
(C) India Divided: Written by Dr. Rajendra Prasad, the first President of India, this book examines the partition of India and matches with (IV).
(D) India in Transition: Freeing the Economy: This book, advocating for economic liberalization in India, was written by Jagdish Bhagwati and matches with (III).
Step 2: Correct Pairings:
The correct pairings are:
A $\rightarrow$ I
B $\rightarrow$ II
C $\rightarrow$ IV
D $\rightarrow$ III
This results in the sequence (A)-(I), (B)-(II), (C)-(IV), (D)-(III).
Step 3: Final Answer:
Considering the options, option (B) represents the correct sequence.