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Answer

Correct Option is 1 and 2

The Central Vigilance Commission (CVC) is the main agency for preventing corruption in the Central government. It was established in 1964 by an executive resolution of the Central government. Its establishment was recommended by the Santhanam Committee on Prevention of Corruption (1962–64). Its jurisdiction extends to the following 1. Members of All India Services serving in connection with the affairs of the Union and Group A officers of the Central Government. 2. Officers of the rank of Scale V and above in the Public Sector Banks. 3.Officers in Grade D and above in Reserve Bank of India, NABARD, and SIDBI. Hence statement 3 is incorrect. 4. Managers and above in General Insurance Companies. It has to present annually to the President a report on its performance. The President places this report before each House of Parliament. Hence statements 1 and 2 are correct.

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