With reference to the historical and current context of the CAG, consider the following statements:
i. V. Narahari Rao was the first CAG of independent India, serving from 1948 to 1954.
ii. The current CAG, K. Sanjay Murthy, is the 15th CAG of India, appointed in November 2024.
iii. The Audit Board was established to appoint technical experts for auditing specific government institutions.
iv. The CAG’s role in auditing public undertakings was introduced after the Companies Act was amended in 1976.
Which of the statements given above are correct?
With reference to the CAG’s role in financial oversight, consider the following statements:
i. The CAG audits all transactions related to the Contingency Fund of India and the Public Account of India.
ii. The CAG audits the accounts of government companies as per the Companies Act.
iii. The CAG has no role in auditing local bodies unless requested by the President or Governor.
iv. The CAG’s audit reports are directly binding on the audited entities to implement corrective measures.
Which of the statements given above are correct?
With reference to the constitutional provisions related to the CAG, consider the following statements:
i. Article 149 authorizes Parliament to prescribe the duties and powers of the CAG.
ii. Article 150 mandates that the CAG submits audit reports to the Prime Minister for presentation in Parliament.
iii. Article 151 requires the CAG to submit state audit reports to the Governor for presentation in the state legislature.
iv. Article 279 empowers the CAG to certify the net proceeds of any tax or duty.
Which of the statements given above are correct?
Consider the following statements about the Audit Board and historical aspects of the CAG:
i. The Audit Board was established in 1968 based on the recommendation of the Administrative Reforms Committee.
ii. The Audit Board consists of a Chairman and two members appointed by the CAG.
iii. The first CAG of independent India was V. Narahari Rao, appointed in 1948.
iv. The CAG was relieved of maintaining Central Government accounts in 1976 due to the separation of accounts from audit.
v. The Audit Board audits all government and semi-government institutions without requiring technical expertise.
Which of the above statements are correct?
onsider the following statements about the Audit Board and historical aspects of the CAG:
i. The Audit Board was established in 1968 based on the recommendation of the Administrative Reforms Committee.
ii. The Audit Board consists of a Chairman and two members appointed by the CAG.
iii. The first CAG of independent India was V. Narahari Rao, appointed in 1948.
iv. The CAG was relieved of maintaining Central Government accounts in 1976 due to the separation of accounts from audit.
v. The Audit Board audits all government and semi-government institutions without requiring technical expertise.
Which of the above statements are correct?
Consider the following statements regarding the independence of the CAG:
i. The CAG does not hold office at the pleasure of the President.
ii. The CAG’s salary is equivalent to that of a Supreme Court judge.
iii. The CAG can be reappointed for another term after completing their tenure.
iv. The administrative expenses of the CAG’s office are charged upon the Consolidated Fund of India.
v. The conditions of service for the Indian Audit and Accounts Department are prescribed by the CAG independently.
Which of the above statements are correct?
Consider the following statements about the CAG’s reports:
i. The CAG submits three types of audit reports: appropriation accounts, finance accounts, and public undertakings.
ii. The audit reports on state accounts are submitted to the President for presentation to the state legislature.
iii. The Public Accounts Committee examines the CAG’s audit reports and reports its findings to Parliament.
iv. The CAG’s certificate on the net proceeds of a tax or duty is final.
v. No minister can represent the CAG in Parliament when presenting audit reports.
Which of the above statements are correct?
Consider the following statements regarding the duties and powers of the CAG:
i. The CAG audits all expenditure from the Consolidated Fund of India and each state.
ii. The CAG has the authority to audit the accounts of private companies not financed by the government.
iii. The CAG advises the President on the form in which government accounts should be maintained.
iv. The CAG submits audit reports on public undertakings to the Public Accounts Committee directly.
v. The CAG can inspect any office subject to its audit and call for relevant records.
Which of the above statements are correct?