@Shashank Kapoor Thanks for reaching out.
1 ) Registered not managed with Intune has a indication of Device presence in Azure AD as registered and management by other MDMs like these but not Intune :
BlackBerry UEM
Citrix Workspace device compliance
IBM MaaS360
JAMF Pro
MobileIron Device Compliance Cloud
MobileIron Device Compliance On-prem
VMware Workspace ONE UEM (formerly AirWatch)
2) Registered is just the normal device registration with Azure AD.
Would you be share the screenshot of the policy you created, so that we can help you further ? Also what is your end goal with the CA policy.