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Which of the following statements in the context of the Comptroller and Auditor General (CAG) of India is not correct?
- a)It is authorised to audit Contingency Fund of India.
- b)CAG submits annual audit report to the President of India.
- c)CAG compiles and maintains accounts of both central and state governments.
- d)CAG is removed by the President on the same grounds and in the same manner as a Supreme Court judge
Correct answer is option 'C'. Can you explain this answer?
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Which of the following statements in the context of the Comptroller an...
- The duties and functions of the CAG as laid down by the parliament and the Constitution are:
- audits the accounts related to all expenditure from the Consolidated Fund of India, consolidated fund of each state and of each union territory having a Legislative Assembly.
- He audits all expenditures from the Contingency Fund of India and the Public Account of India and of each state.
- He audits all bodies and authorities substantially financed from the Central or state revenues, Government companies, etc.
- He audits the accounts of any other authority when requested by the President or Governor. E.g.: the audit of local bodies.
- He submits his audit reports relating to the accounts of the Centre to President (to the governor), who shall, in turn, place them before both the Houses of the Parliament (state legislature).
- He acts as a guide, friend and philosopher of the Public Accounts Committee of the Parliament.
- He compiles and maintains the accounts of state governments. In 1976, he was relieved of his responsibilities with regard to the compilation and maintenance of accounts of the Central Government. Hence option (c) is the answer.
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Which of the following statements in the context of the Comptroller an...
Explanation:
The correct answer is option 'C', i.e., "CAG compiles and maintains accounts of both central and state governments" is not correct.
Reason:
The Comptroller and Auditor General (CAG) of India is an independent constitutional authority responsible for auditing the accounts of the central and state governments. It plays a crucial role in ensuring transparency and accountability in the financial operations of the government.
Here are the explanations for the given options:
a) It is authorized to audit the Contingency Fund of India:
The Contingency Fund of India is a fund established by the Indian Constitution to meet unforeseen expenditure. The CAG is indeed authorized to audit this fund. It ensures that the money from the Contingency Fund is used for the intended purposes and is accounted for properly.
b) CAG submits an annual audit report to the President of India:
This statement is correct. The CAG submits its annual audit report to the President of India, who then presents it to the Parliament. This report highlights the findings of the audit and brings to light any irregularities or financial mismanagement in the government's functioning.
c) CAG compiles and maintains accounts of both central and state governments:
This statement is incorrect. The CAG does not compile and maintain the accounts of the central and state governments. Its primary function is to audit these accounts and ensure their accuracy and compliance with the established financial rules and regulations. The compilation and maintenance of accounts are the responsibility of the respective government departments and treasuries.
d) CAG is removed by the President on the same grounds and in the same manner as a Supreme Court judge:
This statement is correct. The CAG can be removed by the President of India, but only on the same grounds and in the same manner as a Supreme Court judge. This ensures the independence and impartiality of the CAG in carrying out its audit functions.
In conclusion, the correct answer is option 'C' because the CAG does not compile and maintain accounts, but rather audits them.
The correct answer is option 'C', i.e., "CAG compiles and maintains accounts of both central and state governments" is not correct.
Reason:
The Comptroller and Auditor General (CAG) of India is an independent constitutional authority responsible for auditing the accounts of the central and state governments. It plays a crucial role in ensuring transparency and accountability in the financial operations of the government.
Here are the explanations for the given options:
a) It is authorized to audit the Contingency Fund of India:
The Contingency Fund of India is a fund established by the Indian Constitution to meet unforeseen expenditure. The CAG is indeed authorized to audit this fund. It ensures that the money from the Contingency Fund is used for the intended purposes and is accounted for properly.
b) CAG submits an annual audit report to the President of India:
This statement is correct. The CAG submits its annual audit report to the President of India, who then presents it to the Parliament. This report highlights the findings of the audit and brings to light any irregularities or financial mismanagement in the government's functioning.
c) CAG compiles and maintains accounts of both central and state governments:
This statement is incorrect. The CAG does not compile and maintain the accounts of the central and state governments. Its primary function is to audit these accounts and ensure their accuracy and compliance with the established financial rules and regulations. The compilation and maintenance of accounts are the responsibility of the respective government departments and treasuries.
d) CAG is removed by the President on the same grounds and in the same manner as a Supreme Court judge:
This statement is correct. The CAG can be removed by the President of India, but only on the same grounds and in the same manner as a Supreme Court judge. This ensures the independence and impartiality of the CAG in carrying out its audit functions.
In conclusion, the correct answer is option 'C' because the CAG does not compile and maintain accounts, but rather audits them.
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Which of the following statements in the context of the Comptroller and Auditor General (CAG) of India is not correct?a)It is authorised to audit Contingency Fund of India.b)CAG submits annual audit report to the President of India.c)CAG compiles and maintains accounts of both central and state governments.d)CAG is removed by the President on the same grounds and in the same manner as a Supreme Court judgeCorrect answer is option 'C'. Can you explain this answer?
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Which of the following statements in the context of the Comptroller and Auditor General (CAG) of India is not correct?a)It is authorised to audit Contingency Fund of India.b)CAG submits annual audit report to the President of India.c)CAG compiles and maintains accounts of both central and state governments.d)CAG is removed by the President on the same grounds and in the same manner as a Supreme Court judgeCorrect 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 Which of the following statements in the context of the Comptroller and Auditor General (CAG) of India is not correct?a)It is authorised to audit Contingency Fund of India.b)CAG submits annual audit report to the President of India.c)CAG compiles and maintains accounts of both central and state governments.d)CAG is removed by the President on the same grounds and in the same manner as a Supreme Court judgeCorrect 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 Which of the following statements in the context of the Comptroller and Auditor General (CAG) of India is not correct?a)It is authorised to audit Contingency Fund of India.b)CAG submits annual audit report to the President of India.c)CAG compiles and maintains accounts of both central and state governments.d)CAG is removed by the President on the same grounds and in the same manner as a Supreme Court judgeCorrect answer is option 'C'. Can you explain this answer?.
Which of the following statements in the context of the Comptroller and Auditor General (CAG) of India is not correct?a)It is authorised to audit Contingency Fund of India.b)CAG submits annual audit report to the President of India.c)CAG compiles and maintains accounts of both central and state governments.d)CAG is removed by the President on the same grounds and in the same manner as a Supreme Court judgeCorrect 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 Which of the following statements in the context of the Comptroller and Auditor General (CAG) of India is not correct?a)It is authorised to audit Contingency Fund of India.b)CAG submits annual audit report to the President of India.c)CAG compiles and maintains accounts of both central and state governments.d)CAG is removed by the President on the same grounds and in the same manner as a Supreme Court judgeCorrect 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 Which of the following statements in the context of the Comptroller and Auditor General (CAG) of India is not correct?a)It is authorised to audit Contingency Fund of India.b)CAG submits annual audit report to the President of India.c)CAG compiles and maintains accounts of both central and state governments.d)CAG is removed by the President on the same grounds and in the same manner as a Supreme Court judgeCorrect answer is option 'C'. Can you explain this answer?.
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