Step 1: Defining the solutions.
- Saturated Solution: Contains the maximum solute at a given temperature and pressure. Matches explanation (I).
- Isotonic Solutions: Exhibit equal osmotic pressure. Matches explanation (IV).
- Binary Solution: Composed of one solute and one solvent. Matches explanation (III).
- Hypertonic Solution: Possesses higher osmotic pressure compared to another solution. Matches explanation (II).
Step 2: Pairing the terms.
The correct pairings are:
(A) - (I), (B) - (III), (C) - (IV), (D) - (II).
Final Answer: \[\boxed{(A) - (I), (B) - (III), (C) - (IV), (D) - (II)}\]