Mr. Ali is maintaining different accounts with bank Muscat since 10 years. His transactions with the bank is always satisfactory. Time to time he is availing different services from the bank according to his needs. According to the instructions given by Mr. Ali, bank is bound to make appropriation. The appropriation is done for: O a. Payment for insurance which is due since long O b. Payment for the rent of his apartment C. Payment for loan borrowed d. Payment for buying and selling of securities The manager of Bank Muscat came to know that one of their customer passed away in a road accident. To look and administer the funds and property of a deceased customer, bank act as a: O a. Underwriter O b. Guarantor c. Legal Executor d. Legal Trustee Identify in which one of the following banking system two or more different banks are controlled by common shareholders: a. Group banking system b. Chain banking system OC. Correspondent banking system d. Unit banking system