Correct choice is (b) No
The best explanation: When dielectric breakdown occurs, the material loses its dielectric property and becomes a conductor. When it is subjected to a magnetic field, north and south flux lines coexists, giving magnetic force. Thus there exists magnetic dipole. Suppose if the conductor is broken into very small pieces, still there exist a magnetic dipole in every broken part. In other words, when a piece is broken into half, there cannot exist a north pole in one half and a south pole in the other. Thus monopoles never exist.