Concept:
This question matches modern Indian sculptors with their well-known sculptures and artistic associations.
Step 1:
Meera Mukherjee created:
\[
Ashoka at Kalinga
\]
Thus:
\[
A \rightarrow IV
\]
Step 2:
Dhanraj Bhagat is associated with:
\[
Buddha
\]
Thus:
\[
B \rightarrow III
\]
Step 3:
S. H. Bakre is linked with:
\[
Rudolf von Lyden
\]
Thus:
\[
C \rightarrow II
\]
Step 4:
P. V. Janakiram created:
\[
Cosmic Dance
\]
Thus:
\[
D \rightarrow I
\]
Therefore, the correct matching is:
\[
A-IV,\; B-III,\; C-II,\; D-I
\]
Hence, the correct answer is:
\[
\boxed{\text{(1) A-IV, B-III, C-II, D-I}}
\]