General Knowledge! What is Comptroller and Auditor General (CAG)? The CAG is a typical file-based government auditing agency. It stresses on reporting deviations from set procedures and policies and fails to recognise that the deviations have resulted in speeding up economic growth. The Comptroller and Auditor General (CAG) of India is an authority established by the Constitution of India. Under Chapter V article 149to 151 of the Indian Constitution, CAG audits all receipts and expenditure of the Government of India and the state governments, including those of bodies and authorities substantially financed by the government.The CAG is also the external auditor of government-owned companies. - Study24x7
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Priya Sharma
28 Mar 2019 02:45 PM study24x7 study24x7

General Knowledge!

What is Comptroller and Auditor General (CAG)?
The CAG is a typical file-based government auditing agency. It stresses on reporting deviations from set procedures and policies and fails to recognise that the deviations have resulted in speeding up e...

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