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Consider the following statements:
1. It is one of the three Financial Parliamentary committees.
2. It was established by Montford Reforms in 1921.
3. It comprises 22 members of the Parliament.
The above statements most appropriately are related to which of the following parliamentary committees?
  • a)
    Public Accounts Committee
  • b)
    Estimates Committee
  • c)
    Business Advisory Committee
  • d)
    Committee of Privileges
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements:1. It is one of the three Financial ...
  • The Public Accounts Committee (PAC) is one of the three Financial Parliamentary committees, the other two are the Estimates Committee and the Committee on Public Undertakings.
  • Parliamentary committees draw their authority from Article 105 (on privileges of Parliament members) and Article 118 (on Parliament’s authority to make rules for regulating its procedure and conduct of business).
  • The Public Accounts Committee was introduced in 1921 after its first mention in the Government of India Act, 1919 also called Montford Reforms.
  • It presently comprises 22 members (15 members elected by the Lok Sabha Speaker, and 7 members elected by the Rajya Sabha Chairman) with a term of one year only.
  • It was framed with the purpose of ascertaining whether money granted to the Government by the Parliament has been spent by the former within the “scope of demand” or not, the PAC restricts any Minister from being elected as a member of it.
  • Hence, option A is correct
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Community Answer
Consider the following statements:1. It is one of the three Financial ...
Public Accounts Committee
The given statements are related to the Public Accounts Committee, which is one of the three Financial Parliamentary committees in India.

Establishment
The Public Accounts Committee was indeed established by the Montford Reforms in 1921. It plays a crucial role in ensuring accountability and transparency in the financial matters of the government.

Composition
The Public Accounts Committee comprises 22 members of the Parliament, with 15 members from the Lok Sabha and 7 members from the Rajya Sabha. The members are appointed by the Speaker of the Lok Sabha and the Chairman of the Rajya Sabha respectively.

Role
The primary role of the Public Accounts Committee is to examine the audit reports of the Comptroller and Auditor General (CAG) of India. It scrutinizes the government expenditures to ensure that public funds are utilized efficiently and effectively.

Functioning
The committee reviews the reports of the CAG, holds meetings with government officials, and prepares reports highlighting any irregularities or financial mismanagement. These reports are then presented to the Parliament for further action.
In conclusion, the Public Accounts Committee plays a crucial role in overseeing the government's financial performance and ensuring accountability in the use of public funds.
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Consider the following statements:1. It is one of the three Financial Parliamentary committees.2. It was established by Montford Reforms in 1921.3. It comprises 22 members of the Parliament.The above statements most appropriately are related to which of the following parliamentary committees?a)Public Accounts Committeeb)Estimates Committeec)Business Advisory Committeed)Committee of PrivilegesCorrect answer is option 'A'. Can you explain this answer?
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Consider the following statements:1. It is one of the three Financial Parliamentary committees.2. It was established by Montford Reforms in 1921.3. It comprises 22 members of the Parliament.The above statements most appropriately are related to which of the following parliamentary committees?a)Public Accounts Committeeb)Estimates Committeec)Business Advisory Committeed)Committee of PrivilegesCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements:1. It is one of the three Financial Parliamentary committees.2. It was established by Montford Reforms in 1921.3. It comprises 22 members of the Parliament.The above statements most appropriately are related to which of the following parliamentary committees?a)Public Accounts Committeeb)Estimates Committeec)Business Advisory Committeed)Committee of PrivilegesCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:1. It is one of the three Financial Parliamentary committees.2. It was established by Montford Reforms in 1921.3. It comprises 22 members of the Parliament.The above statements most appropriately are related to which of the following parliamentary committees?a)Public Accounts Committeeb)Estimates Committeec)Business Advisory Committeed)Committee of PrivilegesCorrect answer is option 'A'. Can you explain this answer?.
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