Multiple choice

The Comptroller and Auditor-General of India has the power to audit which of the following?

  1. All expenditure from the Contingency Fund and the Public Account of the Union..

  2. All expenditure from the Contingency Fund and the Public Account of a state.

  3. All expenditure from the Consolidated Fund of each Union Territory having a Legislative Assembly of its own.

  4. Accounts of all Government companies set up under the Indian Companies Act.

Select the correct answer using the code given below:

  1. 1,2,3 and 4

  2. Only 1 and 2

  3. Only 3 and 4

  4. Only 1,2 and 3

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Under Article 149, CAG can audit all expenditure from Contingency Fund and Public Account of Union AND states. CAG can audit Consolidated Fund of UTs with Legislative Assemblies (Article 149(3)). CAG can audit government companies under Section 619 of Companies Act (now Section 139). Therefore, all four statements are correct.

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