Question

Which of the following act as the watchdog of Public Finance?

• A. Estimate Committee:
• B. Public Accounts Committee.
• C. Comptroller and Auditor General of India
• D. Committee on Sub-ordinate Legislation

Answer 1

Answer:

C. Comptroller and Auditor General of India

The Comptroller and Auditor General (CAG) of India is established by Article 148 of the Constitution of India. Article 149 deals with Duties and Powers of the Comptroller and Auditor-General of India. Article 150 says that the accounts of the Union and of the States shall be kept in such form as the President may, on the advice of the CAG, prescribe. Article 151 says that the reports of the Comptroller and Auditor-General of India relating to the accounts of the Union shall be submitted to the president, who shall cause them to be laid before each House of Parliament.