The word 'and' can be confusing: it can be used for parallel structures (E.g. Rahul likes swimming and cycling.), but it can also be used simply to connect two independent clauses (E.g. Hugo went shopping and Helene stayed at home.)
(an "and" without a comma indicates parallelism, while the use of a comma will often separate independent clauses )
It's tempting to think this, but I haven't see a clear pattern in GMAT problems. Sometimes a comma is used simply if there are long clauses in the sentence. I would advise you not to rely on this.
Why can't we assume parallelism between " Plastic can be made to be electrically conductive and this advance led to improvements "
Is presence of comma before "and" creating parallelism between Nobel.....and this advance ?
When we're interpreting a sentence, we need to observe a Principle of Charity (
https://en.wikipedia.org/wiki/Principle_of_charity). It would be nonsensical to interpret the sentence as '...for their discovery that: (1) plastic can be ... and (2) this discovery led...'. In any case, the sentence only mentions a single discovery. The best interpretation seems to be that the word 'and' is linking two independent clauses. However, even this interpretation is not very logical as these aren't two separate events - the first one led to the second one. That makes answer (A) far clearer in its meaning.
In 2nd example Cardiovascular disease nearly accounted vs forecasted to increase ( Here also both parts are not making sense as CVD can't forecast) Here comma is not present before "and" & parallelism occurs between "CVD accounted and forecasted..."
In this example the part of the sentence after 'and' isn't an independent clause (no subject-verb), so we can't interpret 'and' as linking two independent clauses. But, as you wrote, interpreting 'and' as part of a parallel construction doesn't make sense either.