[2 only] In India, other than ensuring that public funds are used efficiently and for intended purpose, what

For Competitive Exams

In India, other than ensuring that public funds are used efficiently and for intended purpose, what is the importance of the office of the Comptroller and Auditor General (CAG)?
1. CAG exercises exchequer control on behalf of the Parliament when the President of India declares national emergency/financial emergency.
2. CAG reports on the execution of projects or programmes by the ministries are discussed by the Public Accounts Committee.
3. Information from CAG reports can be used by investigating agencies to press charges against those who have violated the law while managing public finances.
4. While dealing with the audit and accounting of government companies, CAG has certain judicial powers for prosecuting those who violate the law.
Which of the statements given above is/are correct?

1, 3 and 4 only

2 only

2 and 3 only

1, 2, 3 and 4

Additional Questions

Which of the following are the discretionary powers given to the Governor of a State? 1. Sending a report to the President of India for imposing the Presidents rule 2. Appointing the Ministers 3. Reserving certain bills passed by the State Legislature for consideration of the President of India 4. Making the rules to conduct the business of the State Government Select the correct answer using the code given below.	Answer
According to the Constitution of India, it is the duty of the President of India to cause to be laid before the Parliament which of the following? 1. The Recommendations of the Union Finance Commission 2. The Report of the Public Accounts Committee 3. The Report of the Comptroller and Auditor General 4. The Report of the National Commission for Scheduled Castes Select the correct answer using the codes given below :	Answer
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