In India, who is the guardian of public purse?

Correct option is C

The correct answer is (c) Comptroller and Auditor General of India

The Comptroller and Auditor General of India (CAG) is considered the guardian of the public purse in India. The CAG audits all receipts and expenditures of the Union and State Governments, including public sector undertakings. The CAG ensures that public funds are used efficiently and for the intended purposes, maintaining transparency and accountability in financial management.

Role of CAG in India:

• Auditing Government Accounts: Ensures all government expenditure is in accordance with the law.
• Public Accountability: Highlights misuse or mismanagement of public funds.
• Reports to Parliament: Submits audit reports to the President or Governors, which are then tabled in the Parliament or State Legislatures.

Additional Information:

• Article 148-151 of the Indian Constitution outlines the duties and powers of the CAG.
• The CAG is appointed by the President of India.
• Ensures the financial integrity of the government and public sector entities.