alleryStart learning →A body not mainly funded from the Consolidated Fund is audited by CAG if
AShareholders ask for it
BAudit is entrusted to CAG
CIt has 100 employees
DIt operates abroad
Answer & Solution
Correct answer: B. Audit is entrusted to CAG
Even bodies not substantially financed by the Consolidated Fund may come under CAG audit when that audit is entrusted to the CAG.
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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