The CAG's functions and powers are derived from the Constitution of India and the Comptroller and Auditor-General's (Duties, Powers and Conditions of Service) Act, 1971. The audit scope includes both receipts and expenditure of the Union and State governments, as well as audits of stores and stock accounts.
Consider the following statements : (i) It shall be the duty of the Comptroller and Auditor-General to audit all receipts which are payable into the Consolidated Fund of India. (ii) The Comptroller and Auditor General shall have authority to audit and report on the accounts of stores or stock kept in any office or department of the Union or a State. Choose the correct option :
Asked in MPPSC CS Prelims 2020 · Topic: The Attorney General and the C.A.G. (Functions and Duties of CAG: Audit of Union, State, and Public Sector Undertakings (PSUs))
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Answer: B. Both (i) and (ii) are correct
More Indian Polity and Governance questions
- What is/are the objectives of government audit ? There is a provision of funds for the expenditure duly authorised by the competent authority. The expenditure is in accordance with a sanction properly accorded. Payment has been made to a proper person ? Charge is correctly classified.
- Assertion (A) : The Duty of Comptroller and Auditor General is not merely to ensure the legality of expenditure but also its propriety. Reason (R) : He has to uphold the Constitution and the Laws of Parliament in the field of financial administration.
- Consider the following statements regarding the powers of the Comptroller and Auditor- General of India: 1. He has the power to audit all expenditures from the Consolidated Fund of India and the Consolidated Fund of each State and Union Territory having a Legislative Assembly. 2. He has the power to audit all expenditures from the Contingency Fund of India and the Public Account of India. 3. He has the power to audit all expenditures from the Contingency Fund of each State and the Public Account of each State. 4. He has the power to request any accounts, papers, and records relating to expenditures. Which of the statements given above are correct?
- Which one of the following is *not* a duty of the Comptroller and Auditor General of India ?
- Which one of the following duties is NOT performed by the Comptroller and Auditor General of India?
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- What is the name of the body responsible for auditing government finances?
- Which one of the following statements about Comptroller and Auditor General of India is not correct?
