Which of the following Committees are helped by the CAG in exercising legislative control over the executive (i) Estimates Committee (ii) Public Accounts Committee (iii) Business Advisory Committee (iv) Committee on Government Assurances Choose the correct answer from the code given below :?

Option 1 : Only (i) and (ii)

The correct answer is Only (i) and (ii).

• The Indian Constitution established a parliamentary style of government in which the Executive is held accountable for its actions to the Parliament.
• It also oversees the Executive's operations through committees such as the committee on government assurance, the committee on subordinate legislation, and the committee on petitions.
• The three financial committees established under the Rules of Procedure and Conduct of Business in the Lok Sabha :
  • Estimates Committee
  • Public Accounts Committee
  • Committee on Public Undertakings 
• These committees look at three CAG reports the audit report on appropriation accounts, the audit report on financial accounts, and the audit report on public sector undertakings.
• It also Said CAG is a friend philosopher and guide of the Public Accounts Committee. 

Thus, the Estimates Committee and Public Accounts Committee are helped by the CAG to exercise legislative control over the executive.

• Article 148 deals with the CAG's appointment, oath, and service conditions.
• Article 149 deals with the Comptroller and Auditor-General of India's duties and powers.
• Article 150 states that the Unions and State accounts must be kept in the form prescribed by the President on the advice of the CAG. 
• According to Article 151, the Comptroller and Auditor-General of India's reports on the Union's accounts must be presented to the president, who must lay them before each House of Parliament.