UPSC Exam > UPSC Questions > The functions of the public accounts committ...
Start Learning for Free
The functions of the public accounts committee are
1. To examine the appropriation accounts and financial accounts of the union government
2. To examine the accounts of state corporations
Which of these statements are correct?
- a)1 Only
- b)2 Only
- c)Both of them
- d)None of them
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
The functions of the public accounts committee are1. To examine the a...
Functions -
1. To examine the appropriation accounts and the finance accounts of the Union government and any other accounts laid before the Lok Sabha.
2. The appropriation accounts compare the actual expenditure with the expenditure sanctioned by the Parliament through the Appropriation Act, while the finance accounts show the annual receipts and disbursements of the Union Government.
3. In scrutinizing the appropriation accounts and the audit report of CAG on it, the committee has to satisfy itself that - (a) the money that has been disbursed was legally available for the applied service or purpose; (b) the expenditure conforms to the authority that governs it; and (c) every re-appropriation has been made in accordance with the related rules.
4. To examine the accounts of state corporations, trading concerns and manufacturing projects and the audit report of CAG on them (except public undertakings).
5. To examine the accounts of autonomous and semi-autonomous bodies, the audit of which is conducted by the CAG.
6. To consider the report of the CAG relating to the audit of any receipt or to examine the accounts of stores and stocks.
7. To examine the money spent on any service during a financial year in excess of the amount granted by the Lok Sabha for that purpose. In the fulfillment of the above functions, the committee is assisted by the CAG.
Free Test
FREE
| Start Free Test |
Community Answer
The functions of the public accounts committee are1. To examine the a...
The Public Accounts Committee (PAC) is a standing committee of Parliament of India. Its main function is to examine the audit report of the Comptroller and Auditor General (CAG) after it is laid in the Parliament. The correct answer is option C, which means both statements are correct.
Functions of Public Accounts Committee:
1. Examination of Appropriation Accounts: The PAC examines the Appropriation Accounts of the Union government. Appropriation accounts show the details of expenditure and receipts of the government during a financial year. The PAC examines the accounts to ensure that the money was spent for the purpose for which it was granted by the Parliament.
2. Examination of Finance Accounts: The PAC examines the Finance Accounts of the Union government. Finance accounts show the details of receipts and expenditure of the government during a financial year. The PAC examines the accounts to ensure that the money was spent within the limits of the grants and appropriations sanctioned by the Parliament.
3. Examination of Accounts of State Corporations: The PAC also examines the accounts of state corporations. These corporations are set up by the state governments to undertake various activities, such as power generation, road construction, and irrigation projects. The PAC examines the accounts to ensure that the money was spent for the purpose for which it was granted by the state government.
4. Examination of CAG Audit Reports: The PAC examines the audit reports of the CAG after they are laid in the Parliament. The audit reports point out the irregularities and deficiencies in the financial management of the government. The PAC examines these reports and makes recommendations to improve the financial management of the government.
5. Scrutiny of Public Expenditure: The PAC scrutinizes the public expenditure to ensure that there is no wasteful expenditure and that the money is spent in a judicious and efficient manner.
In conclusion, the Public Accounts Committee plays an important role in ensuring accountability and transparency in the financial management of the government. It examines the accounts of the government and makes recommendations to improve the financial management of the government.
Functions of Public Accounts Committee:
1. Examination of Appropriation Accounts: The PAC examines the Appropriation Accounts of the Union government. Appropriation accounts show the details of expenditure and receipts of the government during a financial year. The PAC examines the accounts to ensure that the money was spent for the purpose for which it was granted by the Parliament.
2. Examination of Finance Accounts: The PAC examines the Finance Accounts of the Union government. Finance accounts show the details of receipts and expenditure of the government during a financial year. The PAC examines the accounts to ensure that the money was spent within the limits of the grants and appropriations sanctioned by the Parliament.
3. Examination of Accounts of State Corporations: The PAC also examines the accounts of state corporations. These corporations are set up by the state governments to undertake various activities, such as power generation, road construction, and irrigation projects. The PAC examines the accounts to ensure that the money was spent for the purpose for which it was granted by the state government.
4. Examination of CAG Audit Reports: The PAC examines the audit reports of the CAG after they are laid in the Parliament. The audit reports point out the irregularities and deficiencies in the financial management of the government. The PAC examines these reports and makes recommendations to improve the financial management of the government.
5. Scrutiny of Public Expenditure: The PAC scrutinizes the public expenditure to ensure that there is no wasteful expenditure and that the money is spent in a judicious and efficient manner.
In conclusion, the Public Accounts Committee plays an important role in ensuring accountability and transparency in the financial management of the government. It examines the accounts of the government and makes recommendations to improve the financial management of the government.
|
Explore Courses for UPSC exam
|
|
Top Courses for UPSCView all
The functions of the public accounts committee are1. To examine the appropriation accounts and financial accounts of the union government2. To examine the accounts of state corporationsWhich of these statements are correct?a)1 Onlyb)2 Onlyc)Both of themd)None of themCorrect answer is option 'C'. Can you explain this answer?
Question Description
The functions of the public accounts committee are1. To examine the appropriation accounts and financial accounts of the union government2. To examine the accounts of state corporationsWhich of these statements are correct?a)1 Onlyb)2 Onlyc)Both of themd)None of themCorrect answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about The functions of the public accounts committee are1. To examine the appropriation accounts and financial accounts of the union government2. To examine the accounts of state corporationsWhich of these statements are correct?a)1 Onlyb)2 Onlyc)Both of themd)None of themCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The functions of the public accounts committee are1. To examine the appropriation accounts and financial accounts of the union government2. To examine the accounts of state corporationsWhich of these statements are correct?a)1 Onlyb)2 Onlyc)Both of themd)None of themCorrect answer is option 'C'. Can you explain this answer?.
The functions of the public accounts committee are1. To examine the appropriation accounts and financial accounts of the union government2. To examine the accounts of state corporationsWhich of these statements are correct?a)1 Onlyb)2 Onlyc)Both of themd)None of themCorrect answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about The functions of the public accounts committee are1. To examine the appropriation accounts and financial accounts of the union government2. To examine the accounts of state corporationsWhich of these statements are correct?a)1 Onlyb)2 Onlyc)Both of themd)None of themCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The functions of the public accounts committee are1. To examine the appropriation accounts and financial accounts of the union government2. To examine the accounts of state corporationsWhich of these statements are correct?a)1 Onlyb)2 Onlyc)Both of themd)None of themCorrect answer is option 'C'. Can you explain this answer?.
Solutions for The functions of the public accounts committee are1. To examine the appropriation accounts and financial accounts of the union government2. To examine the accounts of state corporationsWhich of these statements are correct?a)1 Onlyb)2 Onlyc)Both of themd)None of themCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of The functions of the public accounts committee are1. To examine the appropriation accounts and financial accounts of the union government2. To examine the accounts of state corporationsWhich of these statements are correct?a)1 Onlyb)2 Onlyc)Both of themd)None of themCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
The functions of the public accounts committee are1. To examine the appropriation accounts and financial accounts of the union government2. To examine the accounts of state corporationsWhich of these statements are correct?a)1 Onlyb)2 Onlyc)Both of themd)None of themCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for The functions of the public accounts committee are1. To examine the appropriation accounts and financial accounts of the union government2. To examine the accounts of state corporationsWhich of these statements are correct?a)1 Onlyb)2 Onlyc)Both of themd)None of themCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of The functions of the public accounts committee are1. To examine the appropriation accounts and financial accounts of the union government2. To examine the accounts of state corporationsWhich of these statements are correct?a)1 Onlyb)2 Onlyc)Both of themd)None of themCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice The functions of the public accounts committee are1. To examine the appropriation accounts and financial accounts of the union government2. To examine the accounts of state corporationsWhich of these statements are correct?a)1 Onlyb)2 Onlyc)Both of themd)None of themCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.
|
|
Explore Courses for UPSC exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup