Normal 0 MicrosoftInternetExplorer4 Consider the following sentences with the respect of Publi...........

Indian Polity Elections

Consider the following sentences with the respect of Public Account Committee (PAC)

1. It is standing committee set up by the Parliament of India.

2. It consists of 22 members, 15 of whom come from the Lok Sabha.

3. It is responsible for the examination of accounts showing the appropriation of sums granted by Parliament for expenditure and other finance accounts of the Government of India.

4. The government submits an “Action Taken Report” on the basis of recommendations of PAC.

Which of the statements given above is/are correct?

1, 2 and 3

2 and 3

2, 3 and 4

All of the above

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Explanation:

All of the above statements are correct regarding Public Accounts Committee.

The Chairman is appointed by the Speaker of Lok Sabha. Since 1967, the chairman of the committee is selected from the opposition. Earlier, it was headed by a member of the ruling party. Its chief function is to examine the audit report of Comptroller and Auditor General (CAG) after it is laid in the Parliament. CAG assists the committee during the course of investigation. None of the 22 members shall be a minister in the government.