Question

Which of the following statements about the CAG is/are not correct?
i. The CAG is considered one of the bulwarks of the democratic system, alongside the Supreme Court, Election Commission, and UPSC.
ii. The CAG’s salary is equivalent to that of the Chief Justice of India.
iii. The CAG submits audit reports on state accounts to the President of India.

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

Answer 1

Answer:

B. ii and iii only

Comptroller and Auditor General of India (CAG)

• Constitutional Status: The CAG is a high constitutional authority, often referred to as the 'watchdog' of public finance, playing a crucial role in the Indian democratic system. This elevated status is comparable to other independent bodies like the Supreme Court, Election Commission, and UPSC.

• Appointment and Term: Appointed by the President, the CAG holds office for a term of six years or until the age of 65, whichever is earlier.

• Salary and Emoluments: The salary of the CAG is determined by Parliament and is charged on the Consolidated Fund of India. Importantly, the CAG's salary is equivalent to that of a Judge of the Supreme Court, not the Chief Justice of India. This distinction is vital for exam preparation.

• Functions and Reporting: The CAG audits the accounts of both the Union and State governments. The audit reports are submitted to the President in the case of Union accounts and to the Governor in the case of State accounts. The President then causes these reports to be laid before both Houses of Parliament, and the Governor before the State Legislature.

• Accountability: The CAG is independent of the executive and is accountable directly to Parliament, ensuring transparency and preventing financial irregularities.

• Article 148: This article of the Indian Constitution provides for the appointment and independence of the CAG.

• Article 149: This article defines the duties and powers of the CAG relating to the audit of accounts of the Union and States.