Correct option is A
The term of the Estimates Committee of Parliament is 1 year.
Explanation:
● The Estimates Committee, first set up in 1950, examines the budget estimates and suggests improvements in administrative efficiency and economy.
● It consists of 30 members from the Lok Sabha, elected annually by the Lok Sabha members.
● The committee ensures financial accountability and efficiency in the execution of government policies.
Information Booster:
● The committee does not include members from the Rajya Sabha.
● It has no role in scrutinizing taxation proposals or new expenditures, which are examined by the Public Accounts Committee.
● The Estimates Committee plays a vital role in promoting parliamentary control over public expenditure.