The Public Accounts Committee (PAC) examines the audit reports of the ______ to ensure financial accountability of the executive.
- Reserve Bank of India
- Comptroller and Auditor General
- Finance Commission
- NITI Aayog
Answer: Comptroller and Auditor General
Public Accounts Committee (PAC): Oldest parliamentary committee (1921). Functions: (a) Examine CAG reports on Union/State accounts, (b) Ensure expenditure was within grants, (c) Detect waste, extravagance, corruption, (d) Recommend corrective action. Composition: 22 members (15 LS, 7 RS); Chairperson from Opposition by convention. Critical mechanism for legislative financial oversight of executive.