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Which type of committee examines the budget estimates to ensure they are prepared realistically?
  • a)
    Public Accounts Committee
  • b)
    Budget Analysis Committee
  • c)
    Estimates Committee
  • d)
    Finance Oversight Committee
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Which type of committee examines the budget estimates to ensure they a...
The Estimates Committee examines the budget estimates to ensure they are prepared realistically and accurately.
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Which type of committee examines the budget estimates to ensure they a...
Estimates Committee
The Estimates Committee is a type of committee that examines the budget estimates to ensure they are prepared realistically. Here's an explanation of how the Estimates Committee functions:

Role of the Estimates Committee:
- The main role of the Estimates Committee is to examine the estimates included in the budget to ensure that they are based on realistic projections and are in line with the government's policies and priorities.
- The committee reviews the estimates presented by different government departments and ministries to identify any discrepancies or inconsistencies.
- It also looks at the past performance of these departments and assesses whether the proposed budget allocations are sufficient to meet their operational needs.

Functions of the Estimates Committee:
- The Estimates Committee plays a crucial role in ensuring transparency and accountability in the budgetary process.
- It helps in identifying areas where there is a need for greater efficiency or where resources are being underutilized.
- The committee also makes recommendations for improving the budgeting process and enhancing the effectiveness of government spending.

Importance of the Estimates Committee:
- By examining the budget estimates in detail, the Estimates Committee helps in preventing wastage of public funds and ensures that resources are allocated efficiently.
- Its recommendations can lead to better financial management and help in achieving the government's policy objectives.
- Overall, the Estimates Committee plays a vital role in the oversight of government finances and in promoting good governance.
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Which type of committee examines the budget estimates to ensure they are prepared realistically?a)Public Accounts Committeeb)Budget Analysis Committeec)Estimates Committeed)Finance Oversight CommitteeCorrect answer is option 'C'. Can you explain this answer?
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