Choose the correct statement related to magnet:
(i) In magnet there are always two magnetic poles
(ii) There is a mutual attraction between like poles
(iii) A magnet which is independentily hanged, always stops in geopraphically north-south direction.
(iv) If any magnet is cut down in many pieces then every piece will react as a complete magnet

Options

A. (i), (ii) and (iii)
B. (ii), (iii) and (iv)
C. (i), (iii) and (iv)
D. (i), (ii) and (iv)

Explanation

To solve the question, we need to evaluate each statement related to magnets and determine which ones are correct.

### Step-by-Step Solution:

1. **Evaluate Statement (i)**: "In magnet there are always two magnetic poles."
- A magnet, by definition, has two poles: a north pole and a south pole. This statement is correct.

2. **Evaluate Statement (ii)**: "There is a mutual attraction between like poles."
- Like poles (north-north or south-south) repel each other, while opposite poles (north-south) attract each other. Therefore, this statement is incorrect.

3. **Evaluate Statement (iii)**: "A magnet which is independently hanged, always stops in geographically north-south direction."
- A freely suspended magnet aligns itself in the north-south direction due to the Earth's magnetic field. This statement is correct.

4. **Evaluate Statement (iv)**: "If any magnet is cut down in many pieces then every piece will react as a complete magnet."
- When a magnet is cut, each piece will have its own north and south pole, effectively making each piece a smaller magnet. This statement is correct.

### Conclusion:
The correct statements are:
- (i) In magnet there are always two magnetic poles. (Correct)
- (ii) There is a mutual attraction between like poles. (Incorrect)
- (iii) A magnet which is independently hanged, always stops in geographically north-south direction. (Correct)
- (iv) If any magnet is cut down in many pieces then every piece will react as a complete magnet. (Correct)

Thus, the correct answer is **C**: Statements (i), (iii), and (iv) are correct.