Concept:
Police ranks in India are distinguished by specific insignia or badges worn on uniforms. These badges consist of symbols like the State Emblem, stars, and crossed sword and baton, which indicate the rank and authority of the officer.
Step 1: Understanding DGP insignia.
The Director General of Police (DGP) is the highest-ranking police officer in a state. The insignia consists of the State Emblem placed above crossed sword and baton.
Thus, A $\rightarrow$ III.
Step 2: Understanding IGP insignia.
The Inspector General of Police (IGP) rank insignia consists of the State Emblem along with two stars.
Thus, B $\rightarrow$ II.
Step 3: Understanding SSP insignia.
Senior Superintendent of Police (SSP) insignia includes crossed sword and baton with one star.
Thus, C $\rightarrow$ IV.
Step 4: Understanding SP insignia.
Superintendent of Police (SP) insignia consists of the State Emblem and one star.
Thus, D $\rightarrow$ I.
Step 5: Forming correct combination.
\[
A-III,\quad B-II,\quad C-IV,\quad D-I
\]
Final Conclusion:
Hence, the correct answer is option (1).