Detailed Solution:
The correct answer is “III, I, II, IV”.
The chronological order of the establishment of the given political parties is as follows:
III. Telugu Desham Party - Founded in 1982
I. Bahujan Samaj Party - Founded in 1984
II. Samajwadi Party - Founded in 1992
IV. All India Trinamool Congress - Founded in 1998
Therefore, the correct chronological order of the given political parties is III, I, II, IV.