[PPSC Principal, HM and BPEO, 2020]

15. Consider the following statements regarding the role of CAG :
I. CAG is called the friend, philosopher and guide of the Public Accounts Committee of the Parliament.
II. It has no control over the issue of money from the Consolidated Fund of India.
III. It is concerned only at the audit stage when the expenditure has already been taken place.
 

Which of the statements given above are correct ?

1. I and II

2. I and III

3. II and III

4. All of the above

Correct Answer :

All of the above