Correct option is A
The correct answer is (a) 1 and 2 only.
• K. Sanjay Murthy assumed office as CAG in November 2024, succeeding Girish Chandra Murmu.
• The CAG is a constitutional authority appointed by the President under Article 148.
• The tenure is 6 years or up to the age of 65, not fixed at five years.
Information Booster:
• The office of CAG was established with the Constitution of India in 1950.
• The CAG audits accounts of Union, States, and public sector undertakings.
• CAG reports are submitted to the President or Governor.
• The CAG enjoys security of tenure.
Additional Knowledge:
• The CAG is known as the “Guardian of the Public Purse”.
• Removal of CAG follows the same procedure as a Supreme Court judge.