To whom does the Public Accounts Committee submit its report?

Correct option is C

The correct answer is (c) Speaker of Lok Sabha

Explanation:

• The Public Accounts Committee (PAC) is a key parliamentary committee in India that examines the annual audit reports of the Comptroller and Auditor General (CAG).
• These reports relate to the expenditure of the Government of India and ensure that public money is spent efficiently.
• The PAC submits its report to the Speaker of the Lok Sabha, who then lays it before the Lok Sabha for discussion.

Information Booster:

Public Accounts Committee (PAC)

• Established: 1921, making it the oldest parliamentary committee in India.
• Primary Role: To examine the accounts and expenditures of the Government of India and ensure that public money is used lawfully and efficiently.

Key Responsibilities:

• Reviews audit reports submitted by the Comptroller and Auditor General (CAG) on government spending.
• Ensures that funds approved by Parliament are utilized as intended.
• Investigate cases of financial irregularities, inefficiencies, or losses in government operations.

Composition:

• Total Members: 22
• 15 from Lok Sabha
• 7 from Rajya Sabha
• The Chairperson is a member of the Lok Sabha and is traditionally from the Opposition party.
• Tenure: 1 year
• Note: Ministers are not eligible to be members of the PAC.