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Which of the following is/are true regarding the Committee on Public Undertakings?
1) It was created on the recommendation of the Krishna Menon Committee.
2) Members from Rajya Sabha cannot become chairman of the committee.
- a)>(a) 1 Only
- b)2 Only
- c)Both 1 and 2
- d)None of them
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Which of the following is/are true regarding the Committee on Public ...
This committee was created in 1964 on the recommendation of the Krishna Menon Committee. Originally, it had 15 members (10 from the Lok Sabha and 5 from the Rajya Sabha). In1974, its membership was raised to 22 (15 from the Lok Sabha and 7 from the Rajya Sabha). The members of this committee are elected by the Parliament every year from amongst its own members according to the principle of proportional representation by means of a single transferable vote. Thus,all parties get due representation in it. The term of office of the members is one year. A minister cannot be elected as a member of the committee. The chairman of the committee is appointed by the Speaker from amongst its members who are drawn from the Lok Sabha only. Thus, the members of the committee who are from the Rajya Sabha cannot be appointed as the chairman. Functions -
1. To examine the reports and accounts of public undertakings.
2. To examine the reports of the Comptroller and Auditor General on public undertakings.
3. To examine (in the context of autonomy and efficiency of public undertakings) whether the affairs of the public undertakings are being managed in accordance with sound business principles and prudent commercial practices.
4. To exercise such other functions vested in the public accounts committee and the Estimates Committee in relation to public undertakings which are allotted to it by the Speaker from time-to-time.
The committee cannot examine and investigate -
1. Matters of major government policy as distinct from business or commercial functions of the public undertakings.
2. Matters of day-to-day administration.
3. Matters for the consideration of which machinery is established by any special statute under which a particular public undertaking is established.
Effectiveness of the committee is limited by -
1. It cannot take up the examination of more than ten to twelve public undertakings in a year.
2. Its work is in the nature of a post-mortem.
3. It does not look into technical matters as its members are not technical experts.
4. Its recommendations are advisory and not binding on the ministries.
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Most Upvoted Answer
Which of the following is/are true regarding the Committee on Public ...
The correct answer is option 'C': Both 1 and 2.
Explanation:
1) The Committee on Public Undertakings (CPU) was indeed created on the recommendation of the Krishna Menon Committee. The Krishna Menon Committee, also known as the Committee on Public Undertakings (1964-65), recommended the creation of the CPU to examine the reports and accounts of public sector undertakings (PSUs) and to ensure their efficient functioning. The committee was established in 1964 and continues to function till date.
2) Members from Rajya Sabha can become the chairman of the committee. The CPU consists of 22 members, 15 from Lok Sabha (Lower House of Parliament) and 7 from Rajya Sabha (Upper House of Parliament). The chairman of the committee is chosen from among its members, and there is no restriction on members from Rajya Sabha becoming the chairman. The committee plays a crucial role in scrutinizing the performance of PSUs and holding them accountable for their actions.
The Committee on Public Undertakings plays a vital role in the parliamentary control over the public sector in India. It examines the reports and accounts of PSUs and assesses their performance, efficiency, and financial management. The committee also examines the reports of the Comptroller and Auditor General (CAG) relating to PSUs and submits its reports to Parliament. It helps in ensuring transparency, accountability, and efficiency in the functioning of PSUs, which are instrumental in the development of the country.
In conclusion, both the statements are true regarding the Committee on Public Undertakings. The committee was created on the recommendation of the Krishna Menon Committee, and members from Rajya Sabha can become the chairman of the committee.
Explanation:
1) The Committee on Public Undertakings (CPU) was indeed created on the recommendation of the Krishna Menon Committee. The Krishna Menon Committee, also known as the Committee on Public Undertakings (1964-65), recommended the creation of the CPU to examine the reports and accounts of public sector undertakings (PSUs) and to ensure their efficient functioning. The committee was established in 1964 and continues to function till date.
2) Members from Rajya Sabha can become the chairman of the committee. The CPU consists of 22 members, 15 from Lok Sabha (Lower House of Parliament) and 7 from Rajya Sabha (Upper House of Parliament). The chairman of the committee is chosen from among its members, and there is no restriction on members from Rajya Sabha becoming the chairman. The committee plays a crucial role in scrutinizing the performance of PSUs and holding them accountable for their actions.
The Committee on Public Undertakings plays a vital role in the parliamentary control over the public sector in India. It examines the reports and accounts of PSUs and assesses their performance, efficiency, and financial management. The committee also examines the reports of the Comptroller and Auditor General (CAG) relating to PSUs and submits its reports to Parliament. It helps in ensuring transparency, accountability, and efficiency in the functioning of PSUs, which are instrumental in the development of the country.
In conclusion, both the statements are true regarding the Committee on Public Undertakings. The committee was created on the recommendation of the Krishna Menon Committee, and members from Rajya Sabha can become the chairman of the committee.
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Which of the following is/are true regarding the Committee on Public Undertakings?1) It was created on the recommendation of the Krishna Menon Committee.2) Members from Rajya Sabha cannot become chairman of the committee.a)>(a) 1 Onlyb) 2 Onlyc) Both 1 and 2d) None of themCorrect answer is option 'C'. Can you explain this answer?
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Which of the following is/are true regarding the Committee on Public Undertakings?1) It was created on the recommendation of the Krishna Menon Committee.2) Members from Rajya Sabha cannot become chairman of the committee.a)>(a) 1 Onlyb) 2 Onlyc) Both 1 and 2d) None of themCorrect answer is option 'C'. 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 Which of the following is/are true regarding the Committee on Public Undertakings?1) It was created on the recommendation of the Krishna Menon Committee.2) Members from Rajya Sabha cannot become chairman of the committee.a)>(a) 1 Onlyb) 2 Onlyc) Both 1 and 2d) None of themCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is/are true regarding the Committee on Public Undertakings?1) It was created on the recommendation of the Krishna Menon Committee.2) Members from Rajya Sabha cannot become chairman of the committee.a)>(a) 1 Onlyb) 2 Onlyc) Both 1 and 2d) None of themCorrect answer is option 'C'. Can you explain this answer?.
Which of the following is/are true regarding the Committee on Public Undertakings?1) It was created on the recommendation of the Krishna Menon Committee.2) Members from Rajya Sabha cannot become chairman of the committee.a)>(a) 1 Onlyb) 2 Onlyc) Both 1 and 2d) None of themCorrect answer is option 'C'. 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 Which of the following is/are true regarding the Committee on Public Undertakings?1) It was created on the recommendation of the Krishna Menon Committee.2) Members from Rajya Sabha cannot become chairman of the committee.a)>(a) 1 Onlyb) 2 Onlyc) Both 1 and 2d) None of themCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is/are true regarding the Committee on Public Undertakings?1) It was created on the recommendation of the Krishna Menon Committee.2) Members from Rajya Sabha cannot become chairman of the committee.a)>(a) 1 Onlyb) 2 Onlyc) Both 1 and 2d) None of themCorrect answer is option 'C'. Can you explain this answer?.
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