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  1. Which of the following are Financial Committee of Parliament in India?
    (I) Public Accounts Committee
    (II) Estimates Committee
    (III)Committee on Public Undertakings
    1. I & III
    2. I & II
    3. II & III
    4. I, II & III
Correct Option: D

The main function of the Committee on Estimates is to report what economies, improvements in organisation, efficiency, or administrative reform, consistent with the policy underlying the estimates may be effected and to suggest alternative policies in order to bring about efficiency and economy in administration. The Committee on Public Undertakings consists of 15 members elected by the Lok Sabha and 7 members of Rajya Sabha are associated with it. The main duty of the Committee on Public Accounts is to ascertain whether the money granted by Parliament has been spent by Government “within the scope of the Demand”.



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