Which of the following is/are function/s of the public accounts committee? 1. It examines the appropriation accounts and the finance accounts of the Union government. 2. It examines the accounts of state corporations, trading concerns and manufacturing projects. 3. It examines the accounts of autonomous and semi-autonomous bodies, the audit of which is conducted by the CAG. Choose the correct answer from below given codes: |ForumIAS

[A] 1 only

[B] 1 and 2 only

[C] 2 and 3 only

[D] 1, 2 and 3

Answer: D

Notes:

Explanation: the functions of the committee are:

To examine the appropriation accounts and the finance accounts of the Union government and any other accounts lay before the Lok Sabha.
To examine the accounts of state corporations, trading concerns and manufacturing projects and the audit report of CAG on them (except those public undertakings which are allotted to the Committee on Public Undertakings)
To examine the accounts of autonomous and semi-autonomous bodies, the audit of which is conducted by the CAG
To consider the report of the CAG relating to the audit of any receipt or to examine the accounts of stores and stocks.

Source: Laxmikanth’s Polity