Hi Priya,
It works for me out of the box. I set the web part to display 2 doc libraries and this is how it looks like.
This is how SP OOB List View web part displays the items.
Please follow the link below and take a look at the article that talks about icons association in SP2010.
http://www.sharepointedutech.com/2010/02/17/changing-file-associations-icons-in-sharepoint-2010/
