Question

    Who is responsible for auditing the accounts of the Central Authority under the Consumer Protection Act?

    A The Central Government Correct Answer Incorrect Answer
    B The Reserve Bank of India Correct Answer Incorrect Answer
    C A private accounting firm appointed by the Central Authority Correct Answer Incorrect Answer
    D The Ministry of Finance Correct Answer Incorrect Answer
    E The Comptroller and Auditor-General of India, and the Central Authority must pay for the audit Correct Answer Incorrect Answer

    Solution

    Section 26 Accounts and audit: (2) The accounts of the Central Authority shall be audited by the Comptroller and Auditor-General of India at such intervals as may be specified by him and any expenditure incurred in connection with such audit shall be payable by the Central Authority to the Comptroller and Auditor-General of India.

    Practice Next

    Relevant for Exams: