Which one of the following statements about bar magnet is correct ?

Which one of the following statements about bar magnet is correct ?

The pole strength of the north-pole of a bar magnet is larger than that of the south-pole
When a piece of bar magnet is bisected perpendicular to its axis, the north and south poles get separated
When a piece of bar magnet is bisected parallel to its axis, two new bar magnets are formed
The poles of a bar magnet are unequal in magnitude and opposite in nature
This question was previously asked in
UPSC CDS-1 – 2016
When a piece of bar magnet is bisected parallel to its axis, two new bar magnets are formed.
Magnetic poles always exist in pairs. If you cut a bar magnet, you don’t separate the north and south poles; instead, each resulting piece becomes a new magnet with its own north and south pole. Cutting parallel to the axis divides the magnet into two thinner magnets, each retaining its original length and thus forming new poles on the cut surface.
The pole strength of a bar magnet’s north pole is equal in magnitude to that of its south pole, although they are opposite in nature. Cutting a magnet perpendicular to its axis results in shorter magnets, each with a full set of poles. Magnetic monopoles (isolated north or south poles) have not been observed in nature.