APPENDIX 2

APPENDIX 2
(See Chapter II, Article 39 and Chapter VI, Article 162)



AUDIT OF RECEIPTS AND STORES 
 AND STOCK  ACCOUNTS


Duties of the Comptroller and Auditor General of India in relation to the audit of receipts [vide Clause 16 of the Comptroller and Auditor  General’s  (Duties, Powers and Conditions of Service) Act, 1971]

It shall be the duty of the Comptroller and Auditor General of India to audit all receipts which are payable into the Consolidated Fund of India and of each State  and of each Union Territory  having a Legislative Assembly and to satisfy himself that the rules and procedures in that behalf are designed to secure an effective check on the assessment, collection, and proper allocation of revenue and are being duly observed, and to make, for this purpose, such examination of the accounts as he thinks fit, and report thereon.



Audit of Stores  and Stock  Accounts

The audit of Stores  and Stock  Accounts will be conducted by the Comptroller and Auditor General in accordance with the provisions in Clause 17 of the Comptroller and Auditor General’s  (Duties, Powers and Conditions of Service) Act, 1971, an extract of which is given below:

“The Comptroller and Auditor General of India shall have authority to audit and report on the accounts of stores and stock kept in any office or department of the Union or of a State”. 

1 comment:

  1. The list for requirement of stores for next financial year may be prepared on the basis of consumption during previous __________ years.
    A:-One or two
    B:-Two or three
    C:-Three or Five
    D:-Four or Five
    Correct Answer:- Option-C

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