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The Iran-Contra Affair cover-up was carried out during the Reagan administration by which of the following?
A. Richard cheney
B. Oliver North
C. Condoleezza Rice
D. Cyrus R. Vance
E. Norman Schwarzkopf

Answer
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Hint:- The Iran–Contra affair is popular as the McFarlane affair in Iran.
Another name was given to this scandal as the Iran–Contra scandal, or simply Iran–Contra,
The U.S army dealt with those traded missiles and also other arms to free some Americans hostage by terrorists in Lebanon, but also used that fund to support armed conflict in Nicaragua.

Complete answer:
The Iran-Contra Affair cover-up was carried out during the Reagan administration by Oliver North. So B is the right answer.
It was a scandal in the politics of the United States that occurred during the Reagan Administration.
Few senior administration officials facilitated the sale of arms to the Khomeini government of Iran in a secret manner.
Administration wanted to use the proceeds of the arms sale to fund the Contras in Nicaragua.
According to the Boland Amendment, congress prohibited funding again of the Contras by the government.
It was planned for Israel to ship weapons to Iran, for the United States to resupply Israel, and for Israel to pay in return to the U.S.
The Iranian recipients promised to achieve the release of the hostages.
 In 1981, the first arms sales authorized to Iran, prior to the American hostages having been taken in Lebanon.

Hence, answer B is the right option.

Note: The U.S. government provided both military and financial support for the Nicaraguan opponents of the Sandinista regime, during the 1980s.
The U.S. policy had undergone revolutionary regime change in 1979, in these two countries Iran and Nicaragua.