[Indian Polity Study Materials] Comptroller and Auditor General of India - Indian Polity Study Materials for TNPSC Exams

Comptroller and Auditor General of India

CAG - Comptroller and Auditor General of India is the head of the Indian Audit and Accounts Department. His prime duty is to scrutinize the financial transactions of the government thus ensuring the financial accountability of the executive.

Important Facts to remember 

1. CAG is appointed by the President
2. Tenure
• 6 Years or 65 Year of age
3. He can resign by writing to the President of India,
4. He can be removed from office on the same manner as the Judge of the supreme court.
5. From Article 148 to 151 in Part V (5) of the constitution deals with the various provisions for the Comptroller and Auditor General of India.
6. Article 148 - Office of the CAG.
7. Article 149 - Parliament to Prescribe duties and powers of the CAG.
8. Article 150 - Form of accounts of the union and of the States
9. Article 151 - Audit reports.
10. Other Provisions
1. Article 279 - Calculation of Net proceeds.
2. Third Schedule - Oath of CAG
3. Sixth Schedule - Audit of accounts of the District and regional councils as mentioned in the Sixth schedule
11. Audit Board
• It was established in 1968 on the recommendations of the Administrative reforms committee.
• Composition: Chairman and 2 Members
• It is a part of the office of CAG to accommodate specialists and experts from outside. 
12. In 1976, CAG is relieved from the responsibility of maintenance of accounts of central government.

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