I would use an 18mm or 23/32 drill bit, in general, although it does partly depend on the thread type ( UNF, UNC etc) and the material .
It is not a drill bit, it is called a Tap. You drill a hole slightly smaller than the Tap and then screw it into the hole.
2,3mm
No, you need a special tool with 2 points that lodge in the flutes of the tap.
Your meaning is not clear. - If you are going to tap the threads in, use a 7/32 drill bit. If you want a hole that this bolt will slip through, use a 9/32 drill bit.
Use 7/64 as tap drill and 9/64 as clearance drill
Drill Jigs are used to tap holes.
Drill and tap it for what?
A 20mm or 13/16 drill bit will allow the bolt to fit through.
You drill the bolt out that is snapped off in the engine,with drill bit made to drill through metal. Then use a thread maker,tap. Auto parts stores carry these. I no u can get at autozone. The tap makes new threads.
I use a 3/8 bit for tapping fine thread, or a 11/32 for coarse threads.
For a cut tap the correct drill size is a #17 drill, which has a diameter of .173 inches.
Not unless it was reasonably loose. Usually when faced with this, I drill into the bolt with a very hard drill bit a tiny bit thinner than the bolt - ie if it's a 3/8 bolt, I drill in first with a 1/8 drill to create a guide hole, then after with a 5/16 drill to cut right through, yet not harm the threads. You have to be very careful to stick to an exactly straight course. After the hole is cleared, I pull the threads left from the bolt out as far as I can, then use a 'clearance' tap of bolt size to re-tap the hole.