Consider the following statements regarding the Parliamentary Committee on Public Accounts:
1. It consists of not more than 25 members of the Lok Sabha.
2. It examines public expenditure not only from a legal and formal point of view to discover technical irregularities but also from the point of view of the economy, prudence, wisdom, and propriety.
3. It examines the report of the Comptroller and Auditor General of India.
Which of the statements given above is/are correct?
- A1 only
- B2 and 3 only
- C3 only
- D1, 2 and 3
Solution & Step-by-step Explanation
The Public Accounts Committee consists of 22 members (15 from the Lok Sabha and 7 from the Rajya Sabha), so statement 1 is incorrect. Statements 2 and 3 accurately describe the functions of the committee, which include examining public expenditure and the audit reports of the Comptroller and Auditor General (CAG).