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Comptroller And Auditor General Of India
Consider the following statements with reference to the Comptroller and Auditor General (CAG) of India:
- The Constitution of India provides for an independent office of the Comptroller and Auditor General of India (CAG) in chapter VI under Part VI.
- The CAG is mentioned in the Constitution of India under Article 148 – 151.
- CAG is the head of the Indian Audit and Accounts Department.
Which of the statements given above is/are correct? Choose the correct answer from the codes given below:
A |
1 and 2
|
|
B |
2 and 3
|
|
C |
1 and 3
|
|
D |
1, 2 and 3
|
Your Ans is
Right ans is B
Your Answer Is Correct
Your Answer Is Wrong
Explanation :
- Comptroller and Auditor General(CAG) of India is the apex authority responsible for external and internal audits of the expenses of the National and state governments.
- Part V of the Indian Constitution describes the role and responsibilities of this office in Chapter V.
- The CAG is mentioned in the Constitution of India under Article 148 – 151.
- The Comptroller and Auditor General is one of the few offices directly appointed by the President of India.
- He is the head of the Indian Audit and Accounts Department.
- CAG is the guardian of the public purse and controls the entire financial system of the country at both the levels- the centre and state.
- It audits all expenditure from the Contingency Fund of India and the Public Account of India as well as the Contingency Fund and Public Account of each state.
- He submits his audit reports relating to the accounts of the Centre and State to the President and Governor, who shall, in turn, place them before both the houses of Parliament and the state legislature respectively.
- He submits 3 audit reports to the President: audit report on appropriation accounts, audit report on finance accounts and audit report on public undertakings.
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