Step 1: Understanding the Concept:
This question tests knowledge of industrial microbiology, specifically which microorganisms are used for the large-scale commercial production of certain chemicals and compounds.
Step 2: Detailed Explanation:
Let's match each product in LIST-I with the correct microorganism from LIST-II:
A. Citric acid: The primary microorganism used for the industrial production of citric acid is the fungus Aspergillus niger. This matches II.
B. Ethanol: Ethanol fermentation for beverages and biofuel is famously carried out by the yeast Saccharomyces cerevisiae. This matches IV.
C. Amino acids and nucleotides: The bacterium Corynebacterium glutamicum is extensively used for the industrial production of amino acids, particularly L-glutamate and L-lysine. This matches I.
D. Alkaloids: Ergot alkaloids, which have various pharmaceutical applications, are produced by the fungus Claviceps purpurea. This matches III.
Step 3: Final Answer:
The correct set of matches is A-II, B-IV, C-I, D-III. This corresponds to option (C).