PNB - Current Affairs Questions and Answers

1)   PNB has appointed whom as the non executive Chairman?

a. Sunil Mehta
b. Sunil Mehtani
c. Sunil Singh
d. Sunil Arora
Answer  Explanation 

ANSWER: Sunil Mehta

Explanation:
Punjab National Bank (PNB) has a new non-executive Chairman in Sunil Mehta.

The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Department of Financial Services (DFS) for the appointment of Mehta as non-executive Chairman of PNB.

He has been appointed for a period of three years.

The only condition is that he would be required to resign from the board of State Bank of India before joining the board of Punjab National Bank.

About Sunil Mehta

  • A Fellow Chartered Accountant from the Institute of Chartered Accountants of India and an alumni of the Wharton School of Management, USA, Mehta is currently Chairman & Managing Director at SPM Capital Advisors Pvt Ltd.
  • Mehta has over 33 years of leadership experience in banking, insurance, financial services and investments with Citibank and AIG.
  • As Country Head of AIG for 13 years, Mehta was responsible for setting up in India and overseeing 10 businesses covering life & non-life insurance, private equity, asset management, real estate, home and consumer finance, software development, mortgage guaranty and aircraft leasing.
  • Mehta worked at Citibank for 18 years in various senior positions, which included head of the corporate bank in India and senior credit officer.


2)   Punjab National Bank has launched which digital banking solution on 3rd January 2016?

a. black PIN
b. red PIN
c. green PIN
d. blue PIN
Answer  Explanation 

ANSWER: green PIN

Explanation:
State owned Punjab National Bank has launched numerous digital banking solutions including a green PIN and enhancement of mobile app. PNB has launched mobile apps enabling customers to locate PNB ATM with PNB ATM Assist and the Android app facilities the customer to use GPS. Moreover, customers will be assisted to instantly lodge operational issues and reduce resolution time. Bank has also launched another Android App for basic banking. Green PIN facility was also launched under which customer can get duplicate PIN for debit card through SMS request.