Comptroller and Auditor General of India (CAG)
Q. Which of the following is/are true regarding CAG?
1) CAG submits three reports to the Parliament of India where the Public Accounts Committee examines them.
2) The appropriation accounts compare the actual expenditure with the expenditure sanctioned by the Parliament through the Appropriation Act.- Published on 27 Jun 16a. Only 1
b. Only 2
c. Both 1 and 2
d. Neither 1 nor 2
ANSWER: Only 2
- The CAG submits three audit reports to the President - audit report on appropriation accounts, audit report on finance accounts, and audit report on public undertakings.
- The President lays these reports before both the Houses of Parliament.
- After this, the Public Accounts Committee examines them and reports its findings to the Parliament.
- The appropriation accounts compare the actual expenditure with the expenditure sanctioned by the Parliament through the Appropriation Act.