Question

The Comptroller and Auditor General of India holds office for a term of ________ years or till he attains the age of ________ years, whichever is earlier.
1. five; sixty
2. six; sixty
3. five; sixty-five
4. six; sixty-five

Answer 1

Correct Answer - Option 4 : six; sixty-five

The correct answer is six, sixty-five.

• Comptroller and Auditor General of India is the independent authority under the Constitution of India.
• He is the head of the Indian Audit and Accounts Department.
• He is the guardian of the public purse and controls the entire financial system of the country at both the levels of the Centre and the state.
• CAG is appointed by the president of India.
• He holds office for a period of six years or up to the age of 65 years, whichever is earlier.
• He can resign any time from his office by addressing the resignation letter to the president.

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• Article related to the Comptroller and Auditor General of India:

 

Article	Subject matter
148	Comptroller and Auditor-General of India
149	Duties and powers of the Comptroller and Auditor-General
150	Form of accounts of the Union and of the States
151	Audit reports

 

• Duties and Powers of the Comptroller and Auditor General of India:
  • He audits the accounts related to all expenditure from the Consolidated Fund of India.
  • consolidated fund of each state and consolidated fund of each union territory having a Legislative Assembly.
  • He audits all expenditure from the Contingency Fund of India and the Public Account of India as well as the contingency fund of each state and
    the public account of each state.
  • He audits the receipts and expenditure of the Centre and each state to satisfy himself that the rules and procedures on that behalf are designed to secure an effective check on the assessment, collection and proper allocation of revenue.
• Role of Comptroller and Auditor General of India:
  • To uphold the Constitution of India and the laws of Parliament in the field of financial administration.
  • CAG is an agent of the Parliament and conducts an audit of expenditure on behalf of the Parliament.
  • Therefore, he is responsible only to the Parliament.