Correct Option: D

Punjab National Bank, National Thermal Power Corporation Ltd, New Delhi, and Bharat Petroleum Corporation Ltd. were awarded with the Golden Peacock Award 2002 for Excellence in Corporate Governance (GPAECG). Golden Peacock Awards, instituted by Institute of Directors in 1992, are now regarded as holygrail of Corporate Excellence worldwide. All institutions whether public, private, non-profit, government, business, manufacturing and service sector are eligible to apply.