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Jailbreak 4.3.2

Hi All,
I have recently purchased an apple I phone 4 version 4.3.2 (8h7).I need to jailbreak it ASAP for downloading all the Paid Apps for free
I have a few questions .Pls help clarify
1.Can we install the Paid apps any other way without jail breaking the Phone?
2.Can jail breaking be done without unlocking the Phone from the Network(Airtel in this case)
3.Can the settings be safely reverted to the original ones using i tunes after jailbreak so that i do not have any problems with the warranty coverage of the phone at a later stage
4.Is the extended warrenty coverage for the phone available in india if yes at what price?

I am a new apple user Any help would be really great

Thanks :)
Aby
 
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