First, let's define each term listed in List I and match them with their appropriate descriptions in List II.

List I:

• Expiratory Capacity (EC): This is the maximum volume of air that a person can expel from the lungs after a normal tidal expiration. It is composed of the expiratory reserve volume (ERV) and tidal volume (TV).
• Functional Residual Capacity (FRC): This represents the volume of air present in the lungs at the end of a passive expiration. It is the sum of the residual volume (RV) and the expiratory reserve volume (ERV).
• Vital Capacity (VC): This includes the total volume of air that can be expelled from the lungs after taking as deep an inhalation as possible. Hence, this comprises the tidal volume (TV), inspiratory reserve volume (IRV), and the expiratory reserve volume (ERV).
• Inspiratory Capacity (IC): It refers to the volume of air that can be inhaled after a normal expiration. This combines tidal volume (TV) and inspiratory reserve volume (IRV).

List II:

• I. Expiratory reserve volume + Tidal volume + Inspiratory reserve volume = Vital Capacity (VC).
• II. Tidal volume + Expiratory reserve volume = Expiratory Capacity (EC).
• III. Tidal volume + Inspiratory reserve volume = Inspiratory Capacity (IC).
• IV. Expiratory reserve volume + Residual volume = Functional Residual Capacity (FRC).

Now, let's match the terms:

• A (Expiratory Capacity) matches with II.
• B (Functional Residual Capacity) matches with IV.
• C (Vital Capacity) matches with I.
• D (Inspiratory Capacity) matches with III.

The correct option that pairs these correctly is:

Option A: A-II, B-IV, C-I, D-III.