Step 1: Event background.
A devastating earthquake struck Bhuj in Gujarat on 26th January 2001, causing massive destruction and loss of lives.
Step 2: Analyzing the options.
(A) 1998: Incorrect.
(B) 2001: Correct — the Bhuj earthquake occurred in this year.
(C) 2002: Incorrect.
(D) 2005: Incorrect.
Step 3: Conclusion.
The severe Gujarat earthquake took place in 2001.