Question 321
Which constitutional body audits the accounts of the Union and states?
- AOption (a)
Finance Commission
- BOption (b)
Comptroller and Auditor General
- COption (c)
NITI Aayog
- DOption (d)
Union Public Service Commission
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Correct answer
Comptroller and Auditor General
Why this answer is correct
The correct answer is Comptroller and Auditor General.
Key Points
- The Comptroller and Auditor General of India (CAG) is an independent authority established under Article 148 of the Constitution of India.
- The CAG serves as the head of the Indian Audit and Accounts Department and acts as the guardian of the public purse, ensuring financial accountability of the executive to the Parliament.
- According to Article 149, the CAG audits all expenditure from the Consolidated Fund of India, the Consolidated Fund of each State, and the Consolidated Fund of each Union Territory having a Legislative Assembly.
- The CAG also audits all expenditure from the Contingency Fund of India and the Public Account of India, as well as the contingency fund and public account of each state.
- Under Article 151, the audit reports relating to the accounts of the Union are submitted to the President, who causes them to be laid before each House of Parliament.
Additional Information
- Finance Commission:
- Established under Article 280 of the Constitution, it is a quasi-judicial body that recommends the distribution of tax proceeds between the Union and the States and the principles governing grants-in-aid.
- NITI Aayog:
- Replacing the Planning Commission on January 1, 2015, it is a non-constitutional and non-statutory body serving as the premier policy Think Tank of the Government of India.
- Union Public Service Commission (UPSC):
- A constitutional body established under Articles 315 to 323 of Part XIV, responsible for conducting examinations for appointments to the services of the Union.