Q. Which body is responsible for auditing all receipts and expenditures of the Government of India and the State Governments?
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Correct Answer: (C)
Comptroller and Auditor General (CAG)
Explanation: Article 148 of the Constitution establishes the Comptroller and Auditor General (CAG) of India. The CAG acts as the supreme guardian of the public purse, auditing accounts for both Union and State governments.
Explanation by: Mr. Dubey
Article 148 of the Constitution establishes the Comptroller and Auditor General (CAG) of India. The CAG acts as the supreme guardian of the public purse, auditing accounts for both Union and State governments.