1) Correct
2) You can think of that one as "read only" list, where you don't care about the type of the items.Could e.g. be used by a method that is returning the length of the list.
3) T, E and U are the same, but people tend to use e.g. T for type, E for Element, V for value and K for key. The method that compiles says that it took an array of a certain type, and returns an array of the same type.
4) You can't mix oranges and apples. You would be able to add an Object to your String list if you could pass a string list to a method that expects object lists. (And not all objects are strings)