{"id":70800,"date":"2024-04-20T11:02:13","date_gmt":"2024-04-20T11:02:13","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=70800"},"modified":"2024-04-20T11:02:13","modified_gmt":"2024-04-20T11:02:13","slug":"which-body-plays-a-role-in-auditing-the-gujarat-governments-finances","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/which-body-plays-a-role-in-auditing-the-gujarat-governments-finances\/","title":{"rendered":"Which body plays a role in auditing the Gujarat government&#8217;s finances?"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Comptroller and Auditor General of India (CAG)&#8221; option2=&#8221;Reserve Bank of India (RBI)&#8221; option3=&#8221;NITI Aayog&#8221; option4=&#8221;Finance Commission&#8221; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The Comptroller and Auditor General of India (CAG) is the supreme audit institution of India. It is an independent body that audits the accounts of the central and state governments, as well as public sector undertakings. The CAG is responsible for ensuring that public money is spent in a proper and accountable manner.<\/p>\n<p>The Reserve Bank of India (RBI) is the central bank of India. It is responsible for managing the country&#8217;s monetary policy, regulating the banking system, and issuing currency. The RBI does not have a role in auditing the government&#8217;s finances.<\/p>\n<p>The NITI Aayog is a government think tank that was set up in 2015. It is responsible for providing policy advice to the central government. The NITI Aayog does not have a role in auditing the government&#8217;s finances.<\/p>\n<p>The Finance Commission is a constitutional body that is responsible for recommending the distribution of central taxes between the central and state governments. The Finance Commission does not have a role in auditing the government&#8217;s finances.<\/p>\n<p>Therefore, the correct answer is Comptroller and Auditor General of India (CAG).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Comptroller and Auditor General of India (CAG)&#8221; option2=&#8221;Reserve Bank of India (RBI)&#8221; option3=&#8221;NITI Aayog&#8221; option4=&#8221;Finance Commission&#8221; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[979],"tags":[],"class_list":["post-70800","post","type-post","status-publish","format-standard","hentry","category-gujarat-state-gk-mcq","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Which body plays a role in auditing the Gujarat government&#039;s finances?<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-body-plays-a-role-in-auditing-the-gujarat-governments-finances\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which body plays a role in auditing the Gujarat government&#039;s finances?\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Comptroller and Auditor General of India (CAG)&#8221; 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