Question

Who is considered as the 'Custodian of Public Purse'?

• A. The Chairperson of Finance Commission
• B. The Prime Minister of India
• C. The Comptroller and Auditor General of India
• D. The Governor of the Reserve Bank of India

Hint:

The CAG plays an important role in ensuring accountability and transparency in government spending.

Answer 1

The Correct Option is C

The Comptroller and Auditor General (CAG) of India is known as the 'Custodian of Public Purse' because it is the responsibility of the CAG to audit the accounts of the Union and State governments and ensure that public funds are being used efficiently and legally.