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Option 1 : (a) and (b)

Summative assessment refers to the assessment of the learning that ‘sums’ or ‘summarizes’ the development of students at a particular time. It is a process of assessing (and grading or ranking) the learning of students at a point in time. 
Features of Summative Assessment :
  • It is the assessment of learning performance that is conducted at the end of a course or a unit of a course, to demonstrate the “sum” of what they have learned.
  • Utilizes the most traditional assessment methods of evaluating students’ work.
  • The results are used for ranking or grading the students which are required in planning any large-scale academic intervention, and inter and intra school comparisons in terms of achievement.

​On the other hand "Can be used during the learning process to modify teaching and learning activities" is a feature of formative assessment. " Formative assessment is a range of formal and informal assessment procedures employed by teachers during the learning process to modify teaching and learning activities to improve student attainment".

Hence, we can conclude that option 1 is correct.

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