Just as spilt milk cannot be collected back, similarly it is no use complaining about problems from the past that cannot be set right.

Correct Option: A

Just as spilt milk cannot be collected back, similarly it is no use complaining about problems from the past that cannot be set right.

To irritate or annoy someone extremely.

Correct Option: A

To irritate or annoy someone extremely.

Something extra, just as icing is in addition to the cake itself.

Correct Option: D

Something extra, just as icing is in addition to the cake itself.

Doing something quickly results in wastage and poor outcomes.

Correct Option: D

Doing something quickly results in wastage and poor outcomes.

Please read explanation

Correct Option: B

Example of use of the phrase are
I may get a better offer, but a bird in the hand is worth two in the bush.
Manish has offered to buy my car for 1 Lakh. Someone else might pay more, but a bird in the hand is worth two in the bush.