Step 1: Identify the forces on the block.
The block is acted upon by weight \(mg\) vertically downward and tension \(T\) vertically upward.
Step 2: Observe the direction of the string.
The string is parallel to the vertical wall, so tension has no horizontal component.
Step 3: Check horizontal forces.
Since there is no horizontal pull or push on the block, the wall does not exert any normal reaction on the block.
Step 4: Write the normal reaction.
\[
N=0
\]
Step 5: Use formula for limiting friction.
Static friction can exist only when there is normal reaction. Its maximum value is
\[
f_s \leq \mu N
\]
Step 6: Substitute \(N=0\).
\[
f_s \leq \mu \cdot 0
\]
\[
f_s=0
\]
Step 7: Final conclusion.
Since the block is only just in contact with the wall and no normal force acts on it, the static frictional force is zero.
\[
\boxed{0}
\]
Hence, the correct answer is option (A).