Step 1: Understanding the Concept:
Chemical deterioration and reaction product markers in dairy processing.
Step 2: Detailed Explanation:
Matching chemical reactions in List I with their diagnostic reaction products in List II:
- A. Autoxidation: Free radical lipid oxidation generates primary lipid IV. Peroxides (hydroperoxides).
- B. Lipid Hydrolysis: Lipase cleavage of triglycerides releases III. Free fatty acid (FFA).
- C. Proteolysis: Enzymatic breakdown of caseins increases non-protein and V. Soluble nitrogen.
- D. Maillard Reaction: Non-enzymatic browning between lactose and lysine forms I. Hydroxymethyl furfural (HMF).
- E. Heat Denaturation of Protein: Thermal unfolding of $\beta$-lactoglobulin exposes reactive II. Sulphydryl (-SH) groups.
Matching sequence: A-IV, B-III, C-V, D-I, E-II.
Step 3: Final Answer:
Thus, the correct matching is A-IV, B-III, C-V, D-I, E-II, corresponding to option (B).