Que. 1 : Q1) Maximum permissible escalation under an EAR policy is 1. a) 25% 2. b) 50% 3. c) 75% 4. d) None Que. 2 : Q2) The Turnover / Output during the twelve months immediately before the date of the damage which corresponds with the indemnity period is referred to as ___________. 1. a) Gross profit 2. b) Annual turnover 3. c)…