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Which of the following constitutional institutions audits the receipt and expenditure of the Union and State governments?
  • a)
    Comptroller and Auditor General of India
  • b)
    Public Accounts Committee
  • c)
    Chief Economic Advisor of India
  • d)
    Finance Secretary
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Which of the following constitutional institutions audits the receipt...
The correct answer is Comptroller and Auditor General of India.
Key-Points
  • Article 148 provides for an independent office of the Comptroller and Auditor General of India.
  • He is the head of the Indian Audit and Accounts Department.
  • He is the guardian of the public purse and controls the entire financial system of the country at both center and state levels.
  • His duty is to uphold the Constitution of India and the laws of Parliament in the field of financial administration.
  • Dr. B. R. Ambedkar describes it as one of the bulwarks of the democratic system of the Government in India; the others being the Supreme Court, the Election Commission, and the Union Public Service Commission.
Functions -
  • Comptroller and Auditor General of India audit the accounts related to all expenditure from the Consolidated Fund of India, each state and Union territory having Legislative assembly.
  • He audits all the expenditures from the Contingency Fund of India and states and the Public Accounts of India and states.
  • He audits the receipts and expenditures of the Centre and each state.
Note -
  • Comptroller and Auditor General of India holds office for a period of six years or up to the age of 65 years, whichever is earlier.
  • He can resign by addressing the resignation letter to the President.
  • He can be removed by the President on the same grounds and in the same manner as a judge of the Supreme Court.
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