Let us match each virus with its corresponding genetic material:
- P. Bacteriophage lambda: This bacteriophage has dsDNA (double-stranded DNA) as its genetic material. Therefore, P - i is correct.
- Q. Bacteriophage M13: This bacteriophage has ssDNA (single-stranded DNA) as its genetic material. Therefore, Q - ii is correct.
- R. Coronavirus: This virus has ssRNA (single-stranded RNA) as its genetic material. Therefore, R - iii is correct.
- S. Reovirus: This virus has dsRNA (double-stranded RNA) as its genetic material. Therefore, S - iv is correct.
Thus, the correct matching is P - i, Q - iii, R - ii, S - iv. Therefore, the correct answer is (C).