Question

Which of the following statements is/are correct about the CAG’s audit reports?

1. i. The CAG submits three audit reports to the President: appropriation accounts, finance accounts, and public undertakings.
2. ii. The Public Accounts Committee examines the CAG’s reports and submits its findings to the state legislature.
3. iii. No minister can represent the CAG in Parliament.
4. iv. The CAG’s audit reports on state accounts are submitted to the state legislature directly by the CAG.

• A. All
• B. 2, 3
• C. 1, 4
• D. None of these

Answer 1

Answer:

C. 1, 4

The correct answer is C) Only i and iv.

• Statement i: Correct. The CAG submits three types of reports to the President: appropriation accounts, finance accounts, and public undertakings.

• Statement ii: Incorrect. The Public Accounts Committee (PAC) examines the CAG’s reports and submits its findings to Parliament, not the state legislature. For state accounts, the respective State Legislative Assembly examines the reports.

• Statement iii: Incorrect. A minister can represent the CAG in Parliament when discussing CAG reports. This is typically the Finance Minister.

• Statement iv: Correct. The CAG’s audit reports on state accounts are submitted to the state legislature directly by the CAG, as per Article 151 of the Constitution.