Picric acid is

The reaction of phenol with benzoyl chloride to give phenyl benzoate is known as

Which of the following statements is not correct?

The reaction of phenol with concentrated $HNO_3$ is given by:
Phenol $\xrightarrow{Conc. HNO_3}$ Product
What is the major product?

Given below are two statements:
Statement $I$: Bromination of phenol in solvent with low polarity such as $CHCl_3$ or $CS_2$ requires Lewis acid catalyst.
Statement $II$: The Lewis acid catalyst polarises the bromine to generate $Br^{+}$.
In the light of the above statements,choose the correct answer from the options given below:

The major product formed in the following reaction is: