Suppose the SARB decrease interest rates while oil prices is increasing

In this question I think SARB means South Africa Reserve bank, so if central bank of country decreases interest rate, it lead to
- decrease in lending interest rate by financial institutions
- Increase in money supply in market, which increases disposable income in the hand of people.
- Inflation in the market leads to increase in price of commodities.

impact of increase oil price.

- increases the total cost of production of goods.
- Price of sectors whose goods and services are indirectly or directly dependent on Oil for production, will increases due to decrease in profit margin.

So impact on price will be increase because both the action increases the price, but GDP will definitely gets negatively affected because of increase in the cost of production, which ultimately reduces production, so option 4 is correct.