Match List-I with List-II

List-I	List-II
(A) Responsibility	(I) Right to command subordinates and to give orders and exact obedience.
(B) Authority	(II) Downward transfer of authority from a superior to a subordinate.
(C) Accountability	(III) Obligation of a subordinate to perform the duty or tasks assigned to him.
(D) Delegation	(IV) Answerability for the accomplishment of the task assigned by the superior to his subordinate.

Choose the correct answer from the options given below:

Option 1 -> (A)-(II), (B)-(I), (C)-(III), (D)-(IV): Incorrectly matches Responsibility with Delegation's definition and Accountability with Responsibility's definition.

Option 2 -> (A)-(I), (B)-(II), (C)-(III), (D)-(IV): Incorrectly matches Responsibility with Authority's definition, Authority with Delegation's definition, and Accountability with Responsibility's definition.

Option 3 -> (A)-(III), (B)-(I), (C)-(IV), (D)-(II): Correctly matches all terms - Responsibility is the obligation to perform assigned duties, Authority is the right to command, Accountability is answerability for task accomplishment, and Delegation is downward transfer of authority.

Option 4 -> (A)-(III), (B)-(IV), (C)-(I), (D)-(II): Incorrectly matches Authority with Accountability's definition and Accountability with Authority's definition.

Hence, Option 3: (A)-(III), (B)-(I), (C)-(IV), (D)-(II) -> Responsibility is the obligation to perform duties (III), Authority is the right to command and give orders (I), Accountability is answerability for task completion (IV), and Delegation is the downward transfer of authority (II) -> correct