Consider the following statements The Parliamentary Committee on Public Accounts:1. Consists of not more than 25 Members of the Lok Sabha.2. Scrutinises appropriation and finance accounts of the Government.3. Examines the report of the Comptroller and Auditor General of India.Which of the statements given above is/are correct?
✓ Correct answer: b) 2 and 3 only
ExplanationStatement 1 is incorrect: Parliamentary Committee on Public Accounts consists of 22 members of which 15 are from Lok Sabha and 7 from Rajya Sabha.It is formed every year with its members serving one-year terms in office.The chairperson of the PAC is usually a member of the opposition party in the Lok Sabha.Statement 2 is correct: It scrutinises appropriation and finance accounts of the Government.The Committee ensures that the government does not misuse or misappropriate public funds.Statement 3 is correct: The CAG audits the accounts of the government and submits reports to Parliament which is scrutinized by PAC to ensure that public funds are being used efficiently and according to the law.CAG acts as a guide, friend and philosopher of the committee.178
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