- P. Degumming involves the removal of phosphatides, which are removed in the degumming stage. This matches with 3.
- Q. Neutralization is the process where free fatty acids are removed, which matches with 4.
- R. Bleaching is the process where pigments are removed, which matches with 2.
- S. Winterization is the process where waxes are separated, which matches with 1.
Thus, the correct matching is:
\[
\boxed{\text{(C) P-3, Q-4, R-2, S-1}}.
\]