Que. 1 : Q1) Based on the following information:- Ending claim liability on 31.12.2009 – Rs.2 lakhs Incurred claim liability in 2009 – Rs.10 lakhs Paid losses in the year 2009 – Rs.9 lakhs The opening claim liability as on 1.1.2009 was 1. a) 3,00,000 2. b) 2,00,000 3. c) 1,00,000 4. d) 4,00,000 Que. 2 : Q2) Based on the…