Hello!
Duplicated content isn’t necessarily an issue. When pages are the same, search engines will determine which content is best based on the number of internal links to each page.
Still, sending search engines the same page a few hundred times isn’t helpful. Because they’re kept busy crawling the duplicated pages, they will take longer to discover and crawl new content.
If you apply “noindex” to an archive, search engines will stop discovering links via those archives after a while, and your older content may become unreachable.
So, I recommend using the default settings for most sites to strike a balance for excellent crawlability.
If you wish to tinker with it, definitely apply “noindex” for user-generated content, such as Search pages. Users can otherwise create unlimited pages via your site for search engines to crawl, which delays discoverability and can cause unnecessary indexing of low-quality content.
I also recommend applying “noindex” for Date archives unless you have a strict chronological form of content and can exploit those archives. In general, Categories are a more descriptive and versatile archive for discoverability.
“noarchive” doesn’t affect crawling, indexing, or ranking; it only affects whether a cached copy may be stored on search engines and other services for when your site goes down. This feature is used more as a personal preference; still, it can be used for legal liability purposes, such as for internal documents of which you don’t want a cached history.