The question provided pertains to the process of "Peptization," a concept in chemistry related to colloidal solutions. Let's explore this concept in detail to identify the correct answer from the given options.
Peptization is a process in colloidal chemistry. It involves the conversion of a precipitate into a colloidal solution by the addition of a suitable electrolyte. Here's how the process works:
Based on the detailed explanation of peptization, the correct answer is the second option: "process of converting precipitate into colloidal solution."
Adding surfactants in non polar solvent, the micelles structure will look like

| List II | List II |
|---|---|
| A. Osmosis | I. Solvent molecules pass through semi permeable membrane towards solvent side. |
| B. Reverse osmosis | II. Movement of charged colloidal particles under the influence of applied electric potential towards oppositely charged electrodes. |
| C. Electro osmosis | III. Solvent molecules pass through semi permeable membrane towards solution side. |
| D. Electrophoresis | IV. Dispersion medium moves in an electric field. |