Match List-I with List-II.

List – I (Text)	List – II (Character)
A. Coolie	I. Satyajit
B. The Serpent and the Rope	II. Munoo
C. Waiting for the Mahatma	III. Ramaswamy
D. Shadow from Ladakh	IV. Sriram

The correct option is 2.

To find the correct match, we can analyze the characters associated with each of the famous Indian English literary texts listed in List-I:

1. A. Coolie - II. Munoo
Coolie (1936) is a classic novel written by Mulk Raj Anand. The story revolves around the life of Munoo, a young, orphaned hill boy who leaves his village in search of work and experiences severe social and economic exploitation across various parts of India.

2. B. The Serpent and the Rope - III. Ramaswamy
The Serpent and the Rope (1960) is an acclaimed semi-autobiographical novel by Raja Rao. The protagonist of the novel is Ramaswamy (often called Rama), a scholarly young intellectual who travels to France for his doctoral studies and struggles to reconcile Eastern and Western philosophies.

3. C. Waiting for the Mahatma - IV. Sriram
Waiting for the Mahatma (1955) is a novel by R. K. Narayan set in his fictional town of Malgudi. The central character is Sriram, a wealthy, listless youth who falls in love with Bharati, an active disciple of Mahatma Gandhi, and is drawn into the Indian independence movement to win her hand.

4. D. Shadow from Ladakh - I. Satyajit
Shadow from Ladakh (1966) is a novel by Bhabani Bhattacharya set against the backdrop of the Sino-Indian War of 1962. One of the central characters is Satyajit Sen, an idealist who champions Gandhian principles of simple living and village autonomy in opposition to rapid industrialization.

Matching the items accordingly, we get:
A ⇒ II
B ⇒ III
C ⇒ IV
D ⇒ I
This corresponding combination aligns with Option 2.