The correct answer is: d) All of the above.
The Comptroller and Auditor General (CAG) of India is an independent constitutional authority responsible for auditing the accounts of the Union and the States, as well as for auditing the accounts of bodies and authorities substantially financed by the Central Government. The CAG also has the power to audit the accounts of private companies and individuals if they are carrying on a business or undertaking with the aid of money provided by the Central Government.
The CAG plays a vital role in ensuring financial accountability in India. The CAG’s reports are tabled in Parliament and State Legislatures, and they are often critical of the government’s financial management. The CAG’s reports have led to a number of reforms in the government’s financial management practices.
The CAG also plays a role in advising the government on fiscal matters. The CAG is required to submit an annual report to the President on the state of the finances of the Union and the States. This report contains the CAG’s recommendations on how to improve the government’s fiscal management.
The CAG is an important institution in the Indian democracy. The CAG’s reports play a vital role in ensuring financial accountability and in improving the government’s fiscal management.
Here is a brief explanation of each option:
a) Auditing government accounts in Assam: The CAG is responsible for auditing the accounts of the Union and the States. This includes auditing the accounts of the Government of Assam.
b) Ensuring financial accountability: The CAG plays a vital role in ensuring financial accountability in India. The CAG’s reports are tabled in Parliament and State Legislatures, and they are often critical of the government’s financial management. The CAG’s reports have led to a number of reforms in the government’s financial management practices.
c) Advising on fiscal matters: The CAG is required to submit an annual report to the President on the state of the finances of the Union and the States. This report contains the CAG’s recommendations on how to improve the government’s fiscal management.