Que. 1 : Q1) In Single Premium (SP) contracts, minimum sum assured for age at entry of 45 years and above is__________. 1. a) 110% of single premium 2. b) 115% of single premium 3. c) 125% of single premium 4. d) 132% of single premium Que. 2 : Q2) Financial Action Task force was set up in 1. a) Paris 2. b)…