Question

Which of the following statements about the Audit Board under the CAG is/are not correct?

i. The Audit Board was established in 1968 on the recommendation of the Administrative Reforms Committee.

ii. The Audit Board consists of five members, including a Chairman.

iii. The Chairman and members of the Audit Board are appointed by the President.

• A. ii only
• B. ii and iii only
• C. i and iii only
• D. i, ii, and iii

Answer 1

Answer:

B. ii and iii only

Audit Board under the CAG

• The Audit Board was established in 1968.

• Its establishment was a recommendation of the Administrative Reforms Committee (ARC), which submitted its report in 1966.

• The ARC aimed to improve administrative efficiency and accountability.

• The Audit Board functions as an advisory body to the Comptroller and Auditor General (CAG) of India.

• Its primary role is to assist the CAG in auditing government companies and corporations.

• The Audit Board does not consist of five members with a Chairman. Instead, it is chaired by the CAG himself.

• The members of the Audit Board are not appointed by the President. They are typically senior officials from the Indian Audit and Accounts Department, nominated by the CAG.

• The Audit Board's recommendations are advisory and the final decision rests with the CAG.

• The CAG is a constitutional authority appointed by the President under Article 148 of the Constitution of India.