The Comptroller and Auditor General of India (CAG) is an independent constitutional authority responsible for auditing the accounts of the Union and the States of India, as well as of any other authority or body established by the Parliament. The CAG is also responsible for auditing the accounts of public corporations and companies in which the Central Government or any State Government has a financial interest.
The CAG is appointed by the President of India on the advice of the Prime Minister. The CAG holds office for a term of six years or until he attains the age of 65 years, whichever is earlier. The CAG is not eligible for reappointment.
The CAG is assisted by a staff of auditors, who are appointed by the CAG. The CAG has the power to appoint such officers and employees as he may deem necessary for the efficient discharge of his duties.
The CAG submits his annual report to the President of India, who places it before the Parliament. The CAG also submits special reports to the President of India on matters of public importance.
The CAG has the power to inspect all offices of the Union and the States, and to call for all records and accounts relating to such offices. The CAG also has the power to examine witnesses and to take evidence on oath.
The CAG has the power to report on any irregularity or deficiency in the accounts of the Union or the States. The CAG also has the power to report on any case of fraud or misappropriation of public money.
The CAG has the power to recommend to the President of India such measures as he may deem necessary for the prevention and detection of fraud and for the improvement of financial administration.
The CAG is a powerful and independent authority, and his reports are of great importance. The CAG’s reports have often led to reforms in the financial administration of the Union and the States.
The CAG is a vital part of the Indian democracy, and his role is to ensure that public money is spent in a proper and accountable manner.
Frequently Asked Questions
- What is the Comptroller and Auditor General of India (CAG)?
The CAG is an independent constitutional authority responsible for auditing the accounts of the Union and the States of India, as well as of any other authority or body established by the Parliament. The CAG is also responsible for auditing the accounts of public corporations and companies in which the Central Government or any State Government has a financial interest.
- Who appoints the CAG?
The CAG is appointed by the President of India on the advice of the Prime Minister.
- How long does the CAG hold office?
The CAG holds office for a term of six years or until he attains the age of 65 years, whichever is earlier.
- Is the CAG eligible for reappointment?
No, the CAG is not eligible for reappointment.
- Who assists the CAG?
The CAG is assisted by a staff of auditors, who are appointed by the CAG.
- What are the powers of the CAG?
The CAG has the power to inspect all offices of the Union and the States, and to call for all records and accounts relating to such offices. The CAG also has the power to examine witnesses and to take evidence on oath.
- What are the duties of the CAG?
The CAG is responsible for auditing the accounts of the Union and the States of India, as well as of any other authority or body established by the Parliament. The CAG is also responsible for auditing the accounts of public corporations and companies in which the Central Government or any State Government has a financial interest.
- What are the reports of the CAG?
The CAG submits his annual report to the President of India, who places it before the Parliament. The CAG also submits special reports to the President of India on matters of public importance.
- What is the importance of the CAG’s reports?
The CAG’s reports are of great importance. The CAG’s reports have often led to reforms in the financial administration of the Union and the States.
- What is the role of the CAG in Indian democracy?
The CAG is a vital part of the Indian democracy, and his role is to ensure that public money is spent in a proper and accountable manner.
MCQs
The CAG is appointed by the:
(a) President of India
(b) Prime Minister
(c) Parliament
(d) Supreme CourtThe CAG holds office for a term of:
(a) 5 years
(b) 6 years
(c) 7 years
(d) 8 years