Chronologically, arrange the following events:

(A) Announcement of demonetisation.
(B) Circulation of fake currency.
(C) Existing 500 and 1000 notes lost legal tender.
(D) Visible reduction in tax evasion.

Choose the correct answer from the options given below:

(B), (A), (C), (D)

The correct answer is Option (1) → (B), (A), (C), (D)

• (B) Circulation of fake currency – This was one of the major issues prompting the government to take action.

• (A) Announcement of demonetisation – On 8th November 2016, the Government of India announced demonetisation.

• (C) Existing ₹500 and ₹1000 notes lost legal tender – This was an immediate consequence of the announcement.

• (D) Visible reduction in tax evasion – This was one of the intended outcomes, observed over time after demonetisation.