Option 1: (B), (D), (A), (C) -> The chronological order is: First World War occurred from 1914-1918, followed by the Bretton Woods Conference in July 1944 which established the post-war international monetary system, then the Smithsonian Agreement in December 1971 which attempted to salvage the fixed exchange rate system after the collapse of Bretton Woods, and finally the Liberalized Exchange Rate Management System (LERMS) was introduced in India in March 1992 as part of economic liberalization reforms. -> correct