HOTSPOT
You purchase a new Azure subscription named Subscription1. You create a virtual machine named VM1 in Subscription1. VM1 is not protected by Azure Backup. You need to protect VM1 by using Azure Backup. Backups must be created at 01:00 and stored for 30 days.
What should you do? To answer, select the appropriate options in the answer area. NOTE: Each correct selection is worth one point.
Answer: 
Explanation:
Box 1: A Recovery Services vault
A Recovery Services vault is an entity that stores all the backups and recovery points you create over time.
Box 2: A backup policy
What happens when I change my backup policy?
When a new policy is applied, schedule and retention of the new policy is followed.
Explanation: https://docs.microsoft.com/en-us/azure/backup/backup-configure-vault https://docs.microsoft.com/en-us/azure/backup/backup-azure-backup-faq
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