Que. 1 : Q1) Indemnity under repair basis in motor insurance policy is strictly subject to: 1. a) Depreciation as pre stipulation in the policy 2. b) New for old as pure replacement 3. c) Depreciation on full discretion of surveyor/insurer 4. d) None of the above Que. 2 : Q2) The TAC has devised a standard format for submission of…