CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank launched TMSAC portal and 2020 Vigilance Manual?
A
SBI
B
PNB
C
HDFC
D
SVC
Explanation: 

Detailed explanation-1: -As a part of the Vigilance Awareness Week (VAW), the nation’s leading public sector bank, Punjab National Bank (PNB), today launched the PNB Tracking & Monitoring Staff Accountability Cases (TMSAC) portal and PNB’s 2020 Vigilance Manual.

Detailed explanation-2: -To increase the public awareness about the perils of corruption, Vigilance Awareness Week was observed from 31st October to 6th November 2022 with the theme, “Corruption free India for a developed Nation” at ICAR - Central Institute for Research on Cotton Technology, Mumbai.

Detailed explanation-3: -Role of Vigilance In Banks: The watchfulness enforced by the vigilance function is required to ensure that public money, which banks hold in fiduciary capacity is not allowed to be misused by the delinquent elements in any manner. In a sense, an effective vigilance is a sine qua non for good Governance.

Detailed explanation-4: -PNB account number consists of 16 digits. It is allotted to an account holder as per the given formula: The first four digits of the account number are the branch code. The next four digits are the scheme code, where 0001 stands for a savings account, 0002 signifies a salary account.

Detailed explanation-5: -Just send ‘MINSTMT<16-digit a/c no.> ‘ to 5607040 or give a missed call on the PNB balance check number 1800 180 2223. You can also log-in to PNB mPassbook app using MPIN to view ‘Mini Statement’ for last 5 transactions.

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