Hello @SBalaji,
1: Yes.
2: Yes.
3: Even when the reset_b assertion is enabled, it remains a functional reset, not a destructive reset or power‑on reset (POR).
All functional resets assert reset_b. The only exception is STCU2 ST_DONE, where this behavior is configurable.

4: Refer to the Reference manual,
- Section 49.1.13 Self-Test programming sequence. Step 5. Configure ERCTRL[ERASSERT] register bit in MC_RGM to achieve desired behaviour of Reset Pin as documented in Reset Section and Pad States Section.
- Table 22. SELFTEST(MC_RGM.ERCTRL[ERASSERT] configured as 1).
- 29.10.1 Reset pin control during self-test
Regards,
Daniel