List I	List II
A. Internecine	1. Officially cancelling the power of an agreement
B. Revoke	2. To clear someone officially from an earlier accusation
C. Exonerate	3. Things occurring between people of same community
D. Venerable	4. Valued and respected

The correct answer is 'Option 1'.

Key Points

• Let's match each word/expression/specialised term from List I with its correct meaning from List II.
• A. Internecine: This refers to conflict or struggle occurring within a group or organization, often destructive to both sides.
  • Matches with: 3. Things occurring between people of same community
• B. Revoke: This means to put an end to the validity or operation of (a law, order, or agreement).
  • Matches with: 1. Officially cancelling the power of an agreement
• C. Exonerate: This means to absolve (someone) from blame for a fault or wrongdoing, especially after due consideration of the case.
  • Matches with: 2. To clear someone officially from an earlier accusation
• D. Venerable: This describes someone or something accorded a great deal of respect, especially because of age, wisdom, or character.
  • Matches with: 4. Valued and respected

Based on the matches:

• A - 3
• B - 1
• C - 2
• D - 4

Hence, the correct answer is option 1.

The correct answer is '(A) - (3) , (B) - (1) , (C) - (2) , (D) - (4).