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1. Comptroller and Auditor General (CAG) of India acts as the chief accountant and auditor for the?





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MCQ->In India, other than ensuring that public funds are used efficiently and for intended purpose, what is the importance of the office of the Comptroller and Auditor General (CAG)? 1. CAG exercises exchequer control on behalf of the Parliament when the President of India declaresnational emergency/financial emergency. 2. CAG reports on the execution of projects or programmes by the ministries are discussed by the PublicAccounts Committee. 3. Information from CAG reports can be used by investigating agencies to press charges against thosewho have violated the law while managing public finances. 4. While dealing with the audit and accounting of government companies, CAG has certain judicialpowers for prosecuting those who violate the law. Which of the statements given above is/are correct?....
MCQ->Comptroller and Auditor General (CAG) of India acts as the chief accountant and auditor for the?....
MCQ->In India other than ensuring that public funds are used efficiently and for intended purpose what is the importance of the office of the CAG? 1. CAG exercises exchequer control on behalf of the parliament when the president of India declares national emergency / financial emergency 2. CAG reports on the execution of projects or programmes by the ministries are discussed by the PAC 3. Information frOm CAG reports can be used by investigating agencies to press charges against those who have violated the law while managing public finances. 4. While dealing with audit and accounting of govt. companies. CAG has certain judicial powers for prosecuting those who violate the law. Which of the above are correct?....
MCQ->Consider the following duties, roles and functions. Which of them is/are not belong to Comptroller and Auditor General of India (CAG): (1) Upholding the Constitution of India and laws of Parliament in terms of financial administration. (2) Auditing accounts related to Consolidated Fund of India (3) Audits transactions of the Center and state governments related to debts. (4) Conducts audit of secret service expenditure....
MCQ->Which of the following are true regarding the Comptroller and Auditor General of India:1. The office of the CAG has been created by the Constitution. 2. He holds office for a term of five years or till the age of 60 years, whichever is earlier. 3. He can be removed from office only by impeachment. 4. He has to audit and report on all expenditure from the Consolidated Fund of India and of each State and Union Territory having a Legislative Assembly and see whether expenditure has been in accordance with the law.?....
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