Correct Answer:
Option C - Public Accounts Committee of the Parliament is one of the Parliamentary Committees that examines the annual audit reports of CAG which the President lays before the Parliament of India. Those three reports are.
1. Audit report on appropriation accounts.
2. Audit report on finance accounts.
3. Audit report on public undertakings.
PAC has 22 members. All the members are taken from the Indian Parliament, out of 22 members 15 are elected from Lok Sabha (Lower House) and 7 Members are elected from Rajya Sabha (Upper House).
C. Public Accounts Committee of the Parliament is one of the Parliamentary Committees that examines the annual audit reports of CAG which the President lays before the Parliament of India. Those three reports are.
1. Audit report on appropriation accounts.
2. Audit report on finance accounts.
3. Audit report on public undertakings.
PAC has 22 members. All the members are taken from the Indian Parliament, out of 22 members 15 are elected from Lok Sabha (Lower House) and 7 Members are elected from Rajya Sabha (Upper House).