1. Who is considered the guardian of the public purse and controls the financial system at both the central and state levels?
- Finance Minister
- Reserve Bank of India Governor
- Comptroller and Auditor General of India
- Finance Commission
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Answer: Option C. Comptroller and Auditor General of India
2. Who appoints the Comptroller and Auditor General of India (CAG)?
- Prime Minister
- President of India
- Chief Justice of India
- Parliament
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Answer: Option B. President of India
3. Which Article of the Constitution of India provides for the independent office of the Comptroller and Auditor General of India(CAG)?
- Article 148
- Article 150
- Article 265
- Article 356
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Answer: Option A. Article 148
4. The accounts of which of the following are not audited by the Comptroller and Auditor General of India (CAG)?
- Local bodies
- State governments
- Central government
- Union Territories
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Answer: Option A. Local bodies
5. Who remarked that the Comptroller and Auditor General of India is the most important officer under the Constitution of India?
- B. N. Rau
- Jawaharlal Nehru
- Sardar Vallabhbhai Patel
- Dr. B. R. Ambedkar
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Answer: Option D. Dr. B. R. Ambedkar