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The committee formed to study and suggest pricing patterns for the oil and natural gas sectors in India is the B. K Chaturvedi Committee. It is important to understand the roles and functions of each option to determine the correct answer:
Option 2: The Sachar Committee was formed to study the social, economic, and educational conditions of the Muslim community in India.
Option 3: The B.N. Srikrishna Commission was formed to investigate and provide recommendations on the Srikrishna Commission Report, which focused on the causes and consequences of the Mumbai riots in 1992-1993.
Option 4: The M. Veerapa Moily Commission was formed to review and suggest reforms in the law and structure of the Board of Control for Cricket in India (BCCI).
Therefore, based on the given options, the correct answer is Option 1. However, it is important to note that there may be other committees or commissions related to the oil and natural gas sectors in India that are not mentioned in the options.