Most of lichens are composed of

Red algae and ascomycetes

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Green algae and phycomycetes

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Blue green algae and ascomycetes

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Blue green algae and basidiomycetes

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Solution

The correct option is C Blue green algae and ascomycetes
Most lichen fungi belong to Ascomycetes. The lichen fungi cultivate partners, that manufacture food by photosynthesis. Sometimes, the partners are algae (kingdom Protista), other times cyanobacteria (kingdom Monera), formerly called as blue-green algae.
Thus, the correct answer is option C.

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