The correct options are
A It is the measure of the degree of bending of a light ray on change of medium.
B It gives a measure of the speed of a light ray in a medium.
D An optically rarer medium has lower refractive index.
Refractive index of a medium 2 with respect to a medium 1 is defined as:
μ2,1=v1v2
where-
v1: Speed of light in the first medium
v2: Speed of light in the second medium
Also, higher refractive index implies that light ray is more inclined towards the normal. In other words, angle of refraction is lesser for higher refractive index.