Statement (i) - nothing is mentioned in the passage from where SIT students will get degree. So, it is wrong statement.
Statement (ii) - " to cater to the technological and industrial needs of a developing country." this line supports statement (ii). It means Sourya has distinct national objectives.
Statement (iii) - Nothing is mention about consultation with IIT so this makes statement (iii) false.
Statement (iv) - Again this statement "to cater to the technological and industrial needs of a developing country." directly supports statement (iv).
So, only statements (ii) and (iv) are correct. Option C correct .