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    Question

    Appointment of the first auditor of a government company

    shall be made by the ______ within ______ of registration of the company.
    A Board of Directors; 90 days Correct Answer Incorrect Answer
    B Comptroller Auditor General of India; 120 days Correct Answer Incorrect Answer
    C Comptroller Auditor General of India; 60 days Correct Answer Incorrect Answer
    D Comptroller Auditor General of India; 90 days Correct Answer Incorrect Answer

    Solution

    According to the Companies Act, 2013, the appointment of the first auditor of a government company is made by the Comptroller Auditor General of India (CAG) within 60 days of the registration of the company. The CAG is responsible for appointing the first auditor for government companies to ensure transparency and accountability in their financial reporting.

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