The correct answer is option 3: 2 - 4 - 1 - 3.

To understand why this is the correct option, let`s dissect each of the options and arrange them in order from north to south:

Option 1: 3 - 4 - 1 - 2. This option suggests that Bandipur, Similipal, Indravati, and Dudhwa are arranged from north to south.

Option 2: 4 - 2 - 3 - 1. This option suggests that Similipal, Dudhwa, Bandipur, and Indravati are arranged from north to south.

Option 3: 2 - 4 - 1 - 3. This is the correct option as it suggests that Dudhwa, Similipal, Indravati, and Bandipur are arranged from north to south.

Option 4: 2 - 1 - 4 - 3. This option suggests that Dudhwa, Indravati, Similipal, and Bandipur are arranged from north to south.

Therefore, option 3 is the correct answer as it correctly arranges the tiger reserves from north to south.