Q. Consider the following statements regarding “Comptroller and Auditor General of India (CAG)”:
1.He is the head of the Indian Audit and Accounts Department.
2.He is the guardian of the public purse and controls the entire financial system of the country at both the levels–the Centre and the state.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

Explanation: Constitution of India (Article 148) provides for an independent office of the Comptroller and Auditor General of India (CAG). He is the head of the Indian Audit and Accounts Department.

He is the guardian of the public purse and controls the entire financial system of the country at both the levels–the Centre and the state.

Source: Laxmikanth

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