Que. 1 : Q1) Fund Value or net fund value means __________. 1. a) The total value of the units multiplied by the net asset value per unit 2. b) Net asset value 3. c) Aggregate asset value 4. d) Policy account value Que. 2 : Q2) As per IRDA Life Insurance – Reinsurance regulations 2000, the reinsurer chosen by the…