With reference to the lsquo Public Accounts Committee rsquo of Parliament which one of the following...........

Indian Polity Parliamentary Committees

With reference to the ‘Public Accounts Committee’ of Parliament, which one of the following statements is not correct?

This committee was set up first in 1951 under the provisions of the Parliamentary rules for Lok Sabha.

The members are elected by the Parliament every year from amongst its members according to the principle of proportional representation by means of the single transferable vote.

The function of the committee is to examine the annual audit reports of the Comptroller and Auditor General of India.

A minister cannot be elected as a member of the committee.

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Explanation:

Public Accounts Committee: This committee was set up first in 1921 under the provisions of the Government of India Act of 1919 and has since been in existence.
At present, it consists of 22 members (15 from the Lok Sabha and 7 from the Rajya Sabha). The members are elected by the Parliament every year from amongst its members according to the principle of proportional representation by means of the single transferable vote.
Thus, all parties get due representation in it.
The term of office of the members is one year.
A minister cannot be elected as a member of the committee.
The chairman of the committee is appointed from amongst its members by the Speaker. The function of the committee is to examine the annual audit reports of the Comptroller and Auditor General of India (CAG), which are laid before the Parliament by the President