Concept:
Modern Indian artists are often associated with specific themes, paintings or visual concerns.
Step 1: Match Sudhir Patwardhan.
Sudhir Patwardhan is strongly associated with urban life and urban landscape.
So:
\[
A \rightarrow II
\]
Step 2: Match Bhupen Kakkar.
Bhupen Khakhar painted works related to ordinary urban people and professions.
The work “Watch Repairer” is associated with him.
So:
\[
B \rightarrow III
\]
Step 3: Match Gulam Sheikh.
Gulam Sheikh is associated with narrative works such as Silsila and street-vendor imagery.
So:
\[
C \rightarrow IV
\]
Step 4: Match Tyeb Mehta.
Tyeb Mehta is associated with the powerful image of Durga.
So:
\[
D \rightarrow I
\]
Step 5: Final matching.
The correct matching is:
\[
A-II,\ B-III,\ C-IV,\ D-I
\]
Hence:
\[
\boxed{\text{(B)}}
\]