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Consider the following statements regarding Comptroller and Auditor General of India (CAG).
  1. CAG is an extra constitutional body, who is the head of the Indian Audit and Accounts Department.
  2. The duty of CAG is to uphold the Constitution of India and the laws of Parliament in the field of financial administration.
  3. CAG is the guardian of the public purse and controls the financial system of the country at both the levels- the centre and state.
Which of the above statements is/are correct?
  • a)
    1, 2 
  • b)
    2 only 
  • c)
    2, 3 
  • d)
    1, 3
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding Comptroller and Auditor Ge...
The correct answer is option 'C' - 2 and 3.

Explanation:
1. CAG is an extra constitutional body, who is the head of the Indian Audit and Accounts Department.
The Comptroller and Auditor General of India (CAG) is an extra constitutional body, meaning it is not mentioned in the Constitution of India. The CAG is the head of the Indian Audit and Accounts Department and is appointed by the President of India.

2. The duty of CAG is to uphold the Constitution of India and the laws of Parliament in the field of financial administration.
The primary duty of the CAG is to audit and report on the accounts of the central and state governments. The CAG is responsible for ensuring that the financial administration of the government is carried out in accordance with the Constitution of India and the laws passed by Parliament.

The CAG audits the receipts and expenditures of the government, conducts performance audits, and verifies the legality, regularity, and propriety of financial transactions. The CAG also plays a crucial role in holding the government accountable for its financial decisions and actions.

3. CAG is the guardian of the public purse and controls the financial system of the country at both the levels - the centre and state.
The CAG acts as the guardian of the public purse and controls the financial system of the country at both the central and state levels. It ensures that public money is spent efficiently, effectively, and in accordance with the prescribed rules and regulations.

The CAG's role extends beyond financial audits. It also promotes transparency and accountability in the financial management of the government. The CAG's reports are submitted to the President or the Governor, who then presents them to the Parliament or the State Legislature, respectively. These reports are important tools for the legislature to scrutinize government expenditures and hold the executive accountable.

In conclusion, the correct statements regarding the Comptroller and Auditor General of India (CAG) are:
- CAG is an extra constitutional body, who is the head of the Indian Audit and Accounts Department.
- The duty of CAG is to uphold the Constitution of India and the laws of Parliament in the field of financial administration.
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Consider the following statements regarding Comptroller and Auditor General of India (CAG). CAG is an extra constitutional body, who is the head of the Indian Audit and Accounts Department. The duty of CAG is to uphold the Constitution of India and the laws of Parliament in the field of financial administration. CAG is the guardian of the public purse and controls the financial system of the country at both the levels- the centre and state.Which of the above statements is/are correct?a)1, 2b)2 onlyc)2, 3d)1, 3Correct answer is option 'C'. Can you explain this answer?
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Consider the following statements regarding Comptroller and Auditor General of India (CAG). CAG is an extra constitutional body, who is the head of the Indian Audit and Accounts Department. The duty of CAG is to uphold the Constitution of India and the laws of Parliament in the field of financial administration. CAG is the guardian of the public purse and controls the financial system of the country at both the levels- the centre and state.Which of the above statements is/are correct?a)1, 2b)2 onlyc)2, 3d)1, 3Correct 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 Consider the following statements regarding Comptroller and Auditor General of India (CAG). CAG is an extra constitutional body, who is the head of the Indian Audit and Accounts Department. The duty of CAG is to uphold the Constitution of India and the laws of Parliament in the field of financial administration. CAG is the guardian of the public purse and controls the financial system of the country at both the levels- the centre and state.Which of the above statements is/are correct?a)1, 2b)2 onlyc)2, 3d)1, 3Correct 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 Consider the following statements regarding Comptroller and Auditor General of India (CAG). CAG is an extra constitutional body, who is the head of the Indian Audit and Accounts Department. The duty of CAG is to uphold the Constitution of India and the laws of Parliament in the field of financial administration. CAG is the guardian of the public purse and controls the financial system of the country at both the levels- the centre and state.Which of the above statements is/are correct?a)1, 2b)2 onlyc)2, 3d)1, 3Correct answer is option 'C'. Can you explain this answer?.
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