Question

Who conducts audit of the Finance and Appropriation accounts prepared by the Controller General of Accounts?

A Ministry of Finance Correct Answer Incorrect Answer
B Secretary, Ministry of Finance Correct Answer Incorrect Answer
C Reserve Bank of India along with SEBI Correct Answer Incorrect Answer
D Comptroller and Auditor General of India Correct Answer Incorrect Answer

Solution

Accounting for the expenditure incurred by the various ministries and departments of Government is done by the office of Controller General of Accounts. The Finance and Appropriation Accounts prepared by them are audited by the CAG of India.

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