Step 1: Understanding the TTT diagram.
The TTT (Time-Temperature-Transformation) diagram describes the isothermal transformation of austenite into pearlite, bainite, or martensite depending on temperature and holding time.
- High temperature and slow cooling → Pearlite.
- Intermediate temperature and moderate time → Bainite.
- Very rapid cooling to low temperature → Martensite.
- Interrupted cooling can give Bainite + Martensite.
Step 2: Case (P) – Held at 300 K indefinitely.
- If steel is quenched to a very low temperature (300 K, below martensite start temperature), the transformation is diffusionless.
- The microstructure formed is entirely Martensite.
\[
P \Rightarrow (2) \, \text{Martensite}
\]
Step 3: Case (Q) – Held at 873 K for 4 minutes.
- 873 K lies just below the eutectoid temperature (around 1000 K) in the pearlite transformation zone.
- The nose of the C-curve at ~1–10 s indicates pearlite forms in this region.
- Holding for 4 minutes (longer than critical time) ensures pearlite formation.
\[
Q \Rightarrow (3) \, \text{Pearlite}
\]
Step 4: Case (R) – Held at 673 K for 20 minutes.
- 673 K is in the intermediate temperature range (around 600–700 K), which lies in the bainite transformation zone.
- Holding long enough (20 min) allows austenite to fully transform into bainite.
\[
R \Rightarrow (1) \, \text{Bainite}
\]
Step 5: Case (S) – Held at 623 K for 2 minutes.
- 623 K lies in the bainite region, but 2 minutes is too short for full transformation.
- After partial transformation to bainite, quenching to 300 K converts the remaining austenite to martensite.
- Hence, a mixed microstructure forms.
\[
S \Rightarrow (4) \, \text{Bainite + Martensite}
\]
Step 6: Final Matching.
\[
(P, Q, R, S) = (2, 3, 1, 4)
\]
Thus, the correct option is:
\[
\boxed{\text{(B) P-2; Q-3; R-1; S-4}}
\]