Which one of the following duties is NOT performed by the Comptroller and Auditor General of India ?

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Q: 86 (IAS/2001)
Which one of the following duties is NOT performed by the Comptroller and Auditor General of India ?

question_subject: 

Polity

question_exam: 

IAS

stats: 

0,220,201,29,37,135,220

keywords: 

{'duties': [0, 0, 1, 1], 'auditor general': [3, 0, 2, 7], 'comptroller': [13, 1, 5, 18], 'exchequer': [0, 1, 2, 0], 'public accounts': [0, 0, 0, 1], 'public revenue': [0, 1, 1, 2], 'expenditure': [2, 0, 2, 4], 'consolidated fund': [1, 0, 0, 3], 'receipt': [0, 0, 1, 0], 'public money': [0, 0, 1, 0], 'contingency funds': [0, 0, 1, 1], 'loss accounts': [0, 0, 1, 0], 'profit': [0, 0, 0, 1], 'india': [8, 1, 7, 13]}

The duty that is NOT performed by the Comptroller and Auditor General (CAG) of India is "To control the receipt and issue of public money, and to ensure that the public revenue is lodged in the exchequer."

The CAG of India is responsible for auditing and reporting on the financial transactions and accounts of the Government of India. The specific duties of the CAG include:

1. To audit and report on all expenditure from the Consolidated Fund of India: The CAG examines the accounts and financial statements related to the expenditure from the Consolidated Fund of India, which includes various government expenditures.

2. To audit and report on all expenditure from the Contingency Funds and Public Accounts: The CAG also audits and reports on the expenditure from the Contingency Funds and Public Accounts, which are maintained by the government for specific purposes.

3. To audit and report on all trading, manufacturing, profit and loss accounts: The CAG audits and reports on the financial transactions and accounts related to the trading, manufacturing, profit, and loss activities of government-owned companies and entities.

However, the specific duty of controlling the receipt and issue of public money and ensuring that public revenue is lodged in the exchequer is not performed by the CAG. This responsibility lies with other government departments, such as the Ministry of Finance and the Reserve Bank of India.

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