Consider the following statements regarding Public Accounts Committee (PAC) of India: 1. The Public Accounts Committee was first constituted in 1921 following the Montague-Chelmsford Reforms. 2. The PAC is responsible for auditing the government’s revenue and expenditure. 3. The PAC comprises 22 members, with 15 from the Rajya Sabha and up to 7 from the Lok Sabha. How many of the given above statements is/are correct? |ForumIAS

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Q. Consider the following statements regarding Public Accounts Committee (PAC) of India:
1.The Public Accounts Committee was first constituted in 1921 following the Montague-Chelmsford Reforms.
2.The PAC is responsible for auditing the government’s revenue and expenditure.
3.The PAC comprises 22 members, with 15 from the Rajya Sabha and up to 7 from the Lok Sabha.
How many of the given above statements is/are correct?

[A] Only one

[B] Only two

[C] All the three

[D] None

Answer: B

Notes:

Explanation:

Statement 1 is correct: PAC was first set up in 1921 after the Montague-Chelmsford Reforms.
Statement 2 is correct: PAC audits government revenue and expenditure.
Statement 3 is incorrect: PAC has 22 members — 15 from the Lok Sabha and up to 7 from the Rajya Sabha, not the other way round.

Source- TH