Step 1: Recall the applications of membrane separation techniques.
\[
\boxed{
\begin{aligned}
\text{Microfiltration} &\rightarrow \text{Removes suspended solids and bacteria}
\text{Ultrafiltration} &\rightarrow \text{Concentrates proteins}
\text{Reverse osmosis} &\rightarrow \text{Removes dissolved salts}
\text{Dialysis} &\rightarrow \text{Removes small solutes by diffusion}
\end{aligned}
}
\]
Step 2: Match List-I with List-II.
Thus,
\[
\boxed{
A-\mathrm{III},\;
B-\mathrm{II},\;
C-\mathrm{I},\;
D-\mathrm{IV}
}
\]
Therefore,
\[
\boxed{(A)}
\]
is the correct answer.