What entitlements do the IAM users avail with this policy?

An organization has applied the below mentioned policy on an IAM group which has selected the IAM users.
What entitlements do the IAM users avail with this policy?
{
“Version”: “2012-10-17”,
“Statement”: [
{
“Effect”: “Allow”,
“Action”: “*”,
“Resource”: “*”
}]}

A.
The policy is not created correctly. It will throw an error for wrong resource name

B.
The policy is for the group. Thus, the IAM user cannot have any entitlement to this

C.
It allows full access to all AWS services for the IAM users who are a part of this group

D.
If this policy is applied to the EC2 resource, the users of the group will have full access to the EC2
Resources

Explanation:
AWS Identity and Access Management is a web service which allows organizations to manage users and user
permissions for various AWS services. The IAM group allows the organization to specify permissions for a
collection of users. With the below mentioned policy, it will allow the group full access (Admin. to all AWS
services.
{
“Version”: “2012-10-17”,
“Statement”: [
{
“Effect”: “Allow”,
“Action”: “*”,
“Resource”: “*”
}]}