GK
INDIAN POLITICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following distinguishes the audit of the CAG form the audit made by professional auditors?
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Audit of Authority
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Audit of Appropriation
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Audit of Accountancy
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Audit of Propriety
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Explanation:
Detailed explanation-1: -The Comptroller and Auditor General of India (CAG): He is the head of the Indian audit & account department and chief Guardian of the Public purse. The CAG is an independent office under Article 148, The powers of the CAG are derived from the Constitution of India. Hence statement 2 is correct.
Detailed explanation-2: -Article 151-Audit Reports The reports of the Comptroller and Auditor-General of India relating to the accounts of the Union shall be submitted to the president, who shall cause them to be laid before each House of Parliament.
There is 1 question to complete.