Under Article 149, Parliament may prescribe the duties and powers of CAG in relation to audit of accounts of bodies substantially financed by Union or State funds, which has been done through the ______ Act, 1971.
- Comptroller and Auditor General
- Right to Information
- Lokpal and Lokayuktas
- Whistle Blowers Protection
Answer: Comptroller and Auditor General
CAG (Duties, Powers and Conditions of Service) Act, 1971: Defines CAG's audit mandate: (a) Union/State accounts, (b) Bodies substantially financed by government funds, (c) Grants/loans to other bodies. Includes compliance, financial, and performance audits. Empowers CAG to access records, summon officials, ensuring comprehensive financial oversight.