What are the basic, functions of Public Accounts Committee (PAC)? (1) to examine the statement of accounts showing the income and expenditure of state corporations, trading and manufacturing schemes and projects. (2) to examine the accounts of stores and stocks. (3) to examine the statement of accounts of autonomous bodies (4) All the above

What are the basic, functions of Public Accounts Committee (PAC)? (1) to examine the statement of accounts showing the income and expenditure of state corporations, trading and manufacturing schemes and projects. (2) to examine the accounts of stores and stocks. (3) to examine the statement of accounts of autonomous bodies (4) All the above
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(1) to examine the statement of accounts showing the income and expenditure of state corporations, trading and manufacturing schemes and projects. Explanation: The Public Accounts Committee scrutinises appropriation and finance accounts of Government and reports of the Comptroller and Auditor General. It ensures that public money is spent in accordance with Parliament's decision and calls attention to cases of waste, extravagance, loss or nugatory expenditure.
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According to the private property defense of the classical model of corporate social responsibility, managers who use corporate funds for projects that are not directly devoted to maximizing profits are stealing from their owners. Which statement supports this view? A. Property rights are restricted when they conflict with the basic rules of society as embodied in law and custom. B. The connection between ownership and control that exists for personal property does not legally exist for corporate property. C. Investors buy their stocks with the hope of maximizing return on their investment. D. Stockholders in publicly traded corporations are better understood as investors rather than owners.

Description : According to the private property defense of the classical model of corporate social responsibility, managers who use corporate funds for projects that are not directly devoted to maximizing ... . Stockholders in publicly traded corporations are better understood as investors rather than owners.

Last Answer : C. Investors buy their stocks with the hope of maximizing return on their investment. D. Stockholders in publicly traded corporations are better understood as investors rather than owners.

In which of the Parliamentary Financial Committees is the Rajya Sabha not represented? (1) Public Accounts Committee (2) Estimates Committee (3) Committee on Public Undertakings (4) Expenditure Committee

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Last Answer : (2) Estimates Committee Explanation: The Estimates Committee consists of 30 members who are elected by the Lok Sabha every year from amongst its members. A Minister is not eligible for election to this Committee. The term of the Committee is one year.

Which one of the following authorities recommends the principles governing the grants-in-aid of the revenues to the states out of the consolidated fund of India? (1) Finance Commission (2) Inter-State-Council (3) Union Ministry of Finance (4) Public Accounts Committee

Description : Which one of the following authorities recommends the principles governing the grants-in-aid of the revenues to the states out of the consolidated fund of India? (1) Finance Commission (2) Inter-State-Council (3) Union Ministry of Finance (4) Public Accounts Committee

Last Answer : (1) Finance Commission Explanation: Finance commission recommends the president on the principle that should govern the grants-in-aid to the states by the centre.

Which authority recommends the principles gov erring the grantsin-aid of the revenues of the States out of the Consolidated Fund of India? (1) Public Accounts Committee (2) Union Ministry of Finance (3) Finance Commission (4) Inter-State Council

Description : Which authority recommends the principles gov erring the grantsin-aid of the revenues of the States out of the Consolidated Fund of India? (1) Public Accounts Committee (2) Union Ministry of Finance (3) Finance Commission (4) Inter-State Council

Last Answer : (3) Finance Commission Explanation: The Finance Commission makes recommendations to the President regarding the principles governing the grants-in-aid of the revenues of 'the States out of the Consolidated ... for purposes other than those specified in the provisos to clause (1) of that article.

Which of the following is incorrect regarding schedule VI of our Constitution? (1) The areas are administered as Autonomous districts over which the executive authority of the states extends (2) The Government has the power to create new autonomous districts (3) The autonomous districts are provided with elected bodies known as district councils (4) It deals with the administration of the tribal areas of Arunachal Pradesh, Manipur and Nagaland

Description : Which of the following is incorrect regarding schedule VI of our Constitution? (1) The areas are administered as Autonomous districts over which the executive authority of the states extends (2) ... 4) It deals with the administration of the tribal areas of Arunachal Pradesh, Manipur and Nagaland

Last Answer : (4) It deals with the administration of the tribal areas of Arunachal Pradesh, Manipur and Nagaland Explanation: Schedule VI of our Constitution does not deal with the administration of the tribal ... in Assam, Meghalaya, Tripura, Mizoram & Arunachal Pradesh in VI schedule of Indian Constitution.

The Comptroller and Auditor General is closely connected with which of the following Committees of Parliament? (1) The Estimates Committee (2) The Committee on Public Undertakings (3) The Public Accounts Committee (4) All of these

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Last Answer : (3) The Public Accounts Committee Explanation: The Public Accounts Committee (PAC) is a committee of selected members of Parliament for the auditing of the revenue and the expenditure of the ... after it is laid in the Parliament. CAG assists the committee during the course of investigation.

The Parliamentary Committee which scrutinises the report of the Comptroller and Auditor General of India is – (1) Estimates Committee (2) Select Committee (3) Public Accounts Committee (4) None of these

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Last Answer : (3) Public Accounts Committee Explanation: The Public Accounts Committee (PAC) is a committee of selected members of Parliament, constituted by the Parliament of India, for the auditing of the expenditure ... the course of investigation. None of the 22 members shall be a minister in the government.

Which one of the following Committees is described as the 'twin sister' of the Estimates Committee? (1) Public Accounts Committee (2) Committee on Public Undertakings (3) Departmental Standing Committee (4) Privilege Committee

Description : Which one of the following Committees is described as the 'twin sister' of the Estimates Committee? (1) Public Accounts Committee (2) Committee on Public Undertakings (3) Departmental Standing Committee (4) Privilege Committee

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Which parliamentary committee in India is normally chaired by a prominent member of the opposition? (1) Committee on Government Assurances (2) Estimates Committee (3) Privileges Committee (4) Public Accounts Committee

Description : Which parliamentary committee in India is normally chaired by a prominent member of the opposition? (1) Committee on Government Assurances (2) Estimates Committee (3) Privileges Committee (4) Public Accounts Committee

Last Answer : (4) Public Accounts Committee Explanation: The Public Accounts Committee (PAC) is a committee of selected members of Parliament, constituted by the Parliament of India, for the auditing of the revenue and ... is selected from the opposition. Earlier, it was headed by a member of the ruling party.

Which one of the following committees does not consists of any member from the Rajya Sabha? (1) Estimates Committee (2) Public Accounts Committee (3) Public Grievance Committer (4) Committee on Public Undertakings

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Last Answer : (1) Estimates Committee Explanation: The Estimates Committee consists of 30 members who are elected by the Lok Sabha every year from amongst its members. A Minister is not eligible for election to this Committee. The term of the Committee is one year.

The chairman of the Public Accounts Committee in the Indian Parliament is : (1) The Leader of Opposition Party (2) The Speaker of Lok Sabha (3) The Deputy Speaker of Lok Sabha (4) The Chajman of Rajya Sabha

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Last Answer : (1) The Leader of Opposition Party Explanation: The Public Accounts Committee (PAC) is a committee of selected members of Parliament, constituted by the Parliament of India, for the auditing of the ... is selected from the opposition. Earlier, it was headed by a member of the ruling party.

Who nominates the Chairman of the Public Accounts Committee of Indian Parliament? (1) The Speaker of Lok Sabha (2) The Prime Minister (3) The President (4) The Chairman of Rajya Sabha

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Which of the following Standing Committees of Parliament has no MP from Rajya Sabha? (1) Public Accounts Committee (2) Estimates Committee (3) Committee on Public Undertakings (4) Committee on Government Assurances

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Which of the following Standing Committees of Parliament has no MP from Rajya Sabha? (1) Public Accounts Committee (2) Estimates Committee (3) Committee on Public Undertakings (4) Committee on Government Assurances

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Which one of the following Schedules to the Constitution of India provides for setting up of Autonomous District Councils? (1) Third Schedule (2) Fourth Schedule (3) Fifth Schedule (4) Sixth Schedule

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By whom is the Chairman of the Public Accounts Committee of the Parliament appointed? -General Knowledge

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Description : To whom does the Public Accounts Committee submit its report? -General Knowledge

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By whom is the Chairman of Public Accounts Committee appointed? -Do You Know?

Description : By whom is the Chairman of Public Accounts Committee appointed? -Do You Know?

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By whom is the Chairman of Public Accounts Committee appointed? -Do You Know?

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To whom does the Public Accounts Committee submit its report? -General Knowledge

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To whom does the Public Accounts Committee submit its report? -General Knowledge

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NABARD was established on the recommendations of the ______________ A. Public Accounts Committee B. Shivaraman Committee C. Narasimham Committee D. All of the Above E. None of the Above

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The chairman of public accounts committee in Indian parliament is

Description : The chairman of public accounts committee in Indian parliament is

Last Answer : Leader of opposition

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Last Answer : The Speaker of the Lok Sabha

By whom is the Chairman of Public Accounts Committee appointed?

Description : By whom is the Chairman of Public Accounts Committee appointed?

Last Answer : Speaker

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Description : By whom is the Chairman of the Public Accounts Committee of the Parliament appointed

Last Answer : Speaker of Lok Sabha

To whom does the Public Accounts Committee submit its report?

Description : To whom does the Public Accounts Committee submit its report?

Last Answer : The Speaker of the Lok Sabha