Q. With reference to the Controller General of Accounts (CGA), consider the following statements:
1.It is a constitutional body.
2.It annually analyses expenditure, revenues, borrowings, and various fiscal indicators for both the Union and State Governments.
Which of the statements given above is/are correct?
Answer: D
Notes:
Explanation:
- Statement 1 is incorrect: The CGA is not a constitutional body; it functions under the Department of Expenditure, Ministry of Finance.
- Statement 2 is incorrect: The CGA primarily analyses fiscal indicators for the Union Government, not for State Governments.
Source- PIB
