- CAG's Role: The CAG is an external auditor for government companies. - Auditor Appointment: CAG appoints auditors for government companies. - CAG's Post-Retirement Eligibility: The CAG is debarred from holding any office under the Government of India or any State after demitting office.
Consider the following statements about the Comptroller and Auditor General of India. 1. The CAG is an internal auditor of all non-banking / non-insurance Government owned Companies. 2. The CAG responsible for approval of Statutory Branch Auditors of Public Sector Banks. 3. The CAG is not eligible for further office either under the Government of India or under the Government of any State after he has ceased to hold office. Choose the correct statement(s).
Asked in FINANCE AND ACCOUNTS OFFICER TREASURY OFFICER 2016 · Topic: The Attorney General and the C.A.G. (Independence and Autonomy of CAG's Office)
More Indian Polity and Governance questions
- The Comptroller and Auditor General of India conducts all kinds of Audit except ______.
- Which of the following statements relating to the Comptroller and Auditor General (CAG) of India is/are correct? 1. The CAG can attend the sittings of the Committee on Public Accounts. 2. The CAG can attend the sittings of Lok Sabha and Rajya Sabha. 3. The jurisdiction of CAG is co-extensive with powers of the Union Government. Select the correct answer using the code given below :
- The financial control exercised by the Parliament over the executive through
- Who amongst the following attends the Meetings of the Public Accounts Committee of the Parliament?
- Comptroller and Auditor General of India is a friend and guide of:
- Consider the following statements: I. CAG can be removed by the President only in accordance with the procedure mentioned in the Constitution but this does not mean that the CAG can be impeached from office in the same manner as a Judge of the Supreme Court. II. Some public corporations are audited exclusively by private professional auditors, and the CAG may have no involvement at all. III. The CAG can conduct legal, regulatory and propriety audit but not performance audit. IV. The Constitution of India has not specified any criterion for the appointment of CAG. Which of the above statement/statements is/are valid ?
- Which among the following is not true about the Comptroller and Auditor General of India? I. The administrative expenses of his office are subject to vote of Parliament. II. He is not eligible for further office under the Government of India or of any State after he quits office. III. The CAG can be removed from office on the ground of proved misbehaviour or incapacity after an address by both the houses of Parliament. Select the correct answer :
- Consider the following statements about the Comptroller and Auditor General of India : He holds office during the pleasure of the President. He draws the same salary as a Supreme Court Judge. Before entering upon his office, he swears an oath or affirmation before the Chief Justice of India. He may be removed by the President only after an enquiry by the Supreme Court of India. Which of the statements given above is/are correct ?