Q. The origin of this committee can be traced back to the standing financial committee set up in 1921. It was first constituted in the post-independence era on the recommendation of John Mathai. Originally the committee had 25 members but in 1956 its membership was raised to 30. All the members of this committee are from Lok Sabha only. The Rajya Sabha has no representation in this committee.
Answer: B
Notes:
Exp) Option b is the correct answer.
The origin of Estimates Committee can be traced to the standing financial committee set up in 1921.
- The first Estimates Committee in the post-independence era was constituted in 1950 on the recommendation of the then finance minister John Mathai.
- Originally the committee had 25 members but in 1956 its membership was raised to 30. All the thirty members of estimates committee are from Lok Sabha only. The Rajya Sabha has no representation in this committee.
- These members are elected by the Lok Sabha every year from amongst its own members, according to the principles of proportional representation by means of a single transferable vote. Thus, all parties get due representation in it.
- The function of the committee is to examine the estimates included in the budget and suggest ‘economies’ in public expenditure. Hence, it has been described as a ‘continuous economy committee’.
| Important Tips The Committee on Public Undertakings examines the reports of the Comptroller and Auditor General of India on the functioning of public sector undertakings. The Public Accounts Committee examines the accounts showing the appropriation of sums granted by Parliament for the expenditure of the government and makes recommendations to the government to ensure financial propriety and accountability. The Committee on Government Assurances examines the assurances, promises, undertakings, etc. given by the government from time to time and reports on the extent to which such assurances have been implemented. |
