Que. 1 : Q1) According to modern view, cost of production provides only partial indemnity and that market value would provide real indemnity. Say whether True or False. 1. a) True 2. b) False 3. 4. Que. 2 : Q2) Under the principle of Contribution, Calculate the Claim payable by each Policy of Total Claim admissable? 1. a) X =Rs.3,000…