What does the PAC primarily examine after it is laid in Parliament?
AThe Union Budget speech
BThe audit report of the CAG
CThe Economic Survey
DThe RBI annual report
Answer & Solution
Correct answer: B. The audit report of the CAG
Its primary function is to examine the CAG audit report once laid before Parliament.
Keep practising Overview of Audit of Public Sector Undertakings
Browse all Overview of Audit of Public Sector Undertakings questions for CA Final, or explore more Auditing topics.
Related questions
Section 23 empowers the CAG to make regulations onRules under Section 22 are laid before Parliament for a total period ofSection 20 entrusts an audit to the CAG only where it is expedient inUnder Section 20(1), the CAG audits a body not entrusted to him by law if requested byUnder Section 19A, the Centre lays CAG company reports beforeBefore a Section 19(3) request is made, the corporation must be given a chance toUnder Section 19(3), who may request the CAG to audit a corporation created by State law?Under Section 19(2), a statutory corporation of Parliament is audited by the CAG per its