Parts of a sentence are given below in jumbled order. Arrange the parts in the correct order to form a meaningful sentence.

Refers/ the act of/ stripping/ a currency/ to/ as/ legal tender/ Demonetization

1
Demonetization refers to the act of stripping a currency as legal tender.
2
Demonetization refers as legal tender to the act of stripping a currency.
3
Demonetization as legal tender refers to the act of stripping a currency.
4
Stripping a currency refers to the act of Demonetization as legal tender.

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