Que. 1 : Q1) When a lapsed policy is brought back to full force; it is known as ________ 1. a) Revival 2. b) Recovery 3. c) Restoration 4. d) Reinstatement Que. 2 : Q2) In US, who have authority to act within specified limits and may even offer modified contracts to certain extent? 1. a) Soliciting agents 2. b) General agents 3. c)…