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Which of the following scrutinizes in detail the report of the Comptroller and Auditor General before submitting it to the Lok Sabha?
- a)Standing Committee
- b)Committee on Public Undertakings
- c)Estimates Committee
- d)Public Accounts Committee
Correct answer is option 'D'. Can you explain this answer?
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Most Upvoted Answer
Which of the following scrutinizes in detail the report of the Comptro...
Public Accounts Committee (PAC)
The Public Accounts Committee (PAC) scrutinizes in detail the report of the Comptroller and Auditor General (CAG) before submitting it to the Lok Sabha. Here is how PAC functions:
Composition
- The PAC is a committee of Members of Parliament (MPs) constituted by the Lok Sabha Speaker.
- It consists of not more than 22 members, out of which 15 are from the Lok Sabha and 7 from the Rajya Sabha.
Functions
- The main function of the PAC is to examine the audit reports of the CAG and ensure that public money is spent efficiently and effectively.
- It scrutinizes the appropriation and finance accounts of the Government of India and reports of autonomous bodies.
- The PAC also examines the reports of the CAG related to the accounts of the Union government, state governments, and other authorities.
Role in Parliamentary Oversight
- The PAC plays a crucial role in ensuring accountability and transparency in the financial administration of the government.
- It holds the executive accountable for its actions and expenditures, thereby contributing to good governance.
- The PAC submits its reports to the Lok Sabha, which are then discussed and action is taken accordingly.
Conclusion
The Public Accounts Committee plays a significant role in the oversight of government finances and ensures that the funds are used for their intended purposes. By scrutinizing the CAG reports in detail, the PAC helps in maintaining fiscal discipline and accountability in the government's financial management.
The Public Accounts Committee (PAC) scrutinizes in detail the report of the Comptroller and Auditor General (CAG) before submitting it to the Lok Sabha. Here is how PAC functions:
Composition
- The PAC is a committee of Members of Parliament (MPs) constituted by the Lok Sabha Speaker.
- It consists of not more than 22 members, out of which 15 are from the Lok Sabha and 7 from the Rajya Sabha.
Functions
- The main function of the PAC is to examine the audit reports of the CAG and ensure that public money is spent efficiently and effectively.
- It scrutinizes the appropriation and finance accounts of the Government of India and reports of autonomous bodies.
- The PAC also examines the reports of the CAG related to the accounts of the Union government, state governments, and other authorities.
Role in Parliamentary Oversight
- The PAC plays a crucial role in ensuring accountability and transparency in the financial administration of the government.
- It holds the executive accountable for its actions and expenditures, thereby contributing to good governance.
- The PAC submits its reports to the Lok Sabha, which are then discussed and action is taken accordingly.
Conclusion
The Public Accounts Committee plays a significant role in the oversight of government finances and ensures that the funds are used for their intended purposes. By scrutinizing the CAG reports in detail, the PAC helps in maintaining fiscal discipline and accountability in the government's financial management.
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Which of the following scrutinizes in detail the report of the Comptro...
The correct answer is Public Accounts Committee.
Public Accounts Committee
- Public Accounts Committee was introduced in 1921 after its first mention in the Government of India Act, 1919.
- The chairman of the Public Accounts Committee is appointed by the Lok Sabha speaker.
- It consists of 22 members(15 from Lok Sabha and 7 from Rajya Sabha).
- It scrutinizes the appropriation and finance accounts of the Government of India and reports of the Comptroller and Auditor General of India.
Those three reports submitted by CAG are:
- Audit report on appropriation accounts
- Audit report on finance accounts
- Audit report on public undertakings
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Which of the following scrutinizes in detail the report of the Comptroller and Auditor General before submitting it to the Lok Sabha?a)Standing Committeeb)Committee on Public Undertakingsc)Estimates Committeed)Public Accounts CommitteeCorrect answer is option 'D'. Can you explain this answer?
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