Public Accounts Committee, PAC - GS questions based on daily current affairs

1)   Consider the following statements

1. The Chairman of PAC is appointed by the Speaker of Lok Sabha
2. Its chief function is to examine the audit report of Comptroller and Auditor General (CAG) after it is laid in the Parliament
3. A Minister is not eligible to be elected as a member of the Committee

Which of the above statements is/are correct?

a. 1,2
b. 1,3
c. 2,3
d. All