The order given by the court for nonpayment in a particular account, is called as

a.

Public interest order

b.

Countermanding order

c.

Garnishee order

d.

Insolvent order

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If a customer is not maintaining a minimum balance in saving account, customer

a.

is not allowed to make deposit in the account

b.

has to pay charges to the bank

c.

is not allowed to take a loan

d.

has to close his account

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Question 11

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Ahmed received a cheque for 500 OMR from his Manager to get the payment from the bank. When Ahmed reached bank, he came to know that he lost the cheque. He immediately called his manager and informed the situation. Manager called the bank and informed them regarding the lost cheque. The bank immediately applies;

a.

Garnishee of payment

b.

Inchoate of payment

c.

Insolvency of payment

d.

Countermanding of payment