Q: 2 (SCRA/2015)

Which of the following statements are correct with regard to the Comptroller and Auditor General (CAG) of India?
1. The CAG audits all receipts and payments of the Union and State Governments.
2. The CAG acts as the external auditor for Government-owned companies.
3. The CAG can be removed from office in manner similar to the Judge of the Supreme Court of India.
4. The CAG is eligible for further appointments under the Union or State Governments.
Select the correct answer using the code given below.