Aകേരളം
Bതമിഴ്നാട്
Cജാർഖണ്ഡ്
Dപശ്ചിമ ബംഗാൾ
Aകേരളം
Bതമിഴ്നാട്
Cജാർഖണ്ഡ്
Dപശ്ചിമ ബംഗാൾ
Related Questions:
Consider the following statements about the CAG’s audit responsibilities:
(i) The CAG audits all receipts of the Centre and states to ensure effective checks on revenue assessment, collection, and allocation.
(ii) The CAG audits the accounts of local bodies only when requested by the President or Governor.
(iii) The CAG’s certificate on the net proceeds of any tax or duty is final, as per Article 279.
(iv) The CAG submits audit reports on state accounts directly to the state legislature.
Which of these statement(s) is/are correct?
Which of the following statements are correct about the Finance Commission of India?
i. The Finance Commission consists of a chairman and four other members appointed by the President.
ii. The recommendations of the Finance Commission are binding on the Union government.
iii. The Finance Commission recommends measures to augment the Consolidated Fund of a State to support panchayats and municipalities.
iv. The qualifications of the Finance Commission members are determined by the Parliament.
Assertion (A): The CAG submits audit reports on state accounts directly to the state legislature.
Reason (R): The Constitution mandates that the CAG’s state audit reports are presented by the Governor to ensure legislative oversight.
Select the correct answer code: