The Controller General of Accounts (CGA) and the Comptroller and Auditor General of India (CAG) are the bodies dealing with financial accounts in India. How are the two bodies differ from each other?
1. The accounting functions of state governments are performed by CGA whereas the accounts of the Union Government are compiled by CAG.
2. While CGA is a statutory body, the CAG is a constitutional body.
3. CAG audits the finances of the Government whereas CGA is the accounting adviser to the Government.
Select the correct answer using the code given below:
1
1 and 3 only
2
2 and 3 only
3
1 and 2 only
4
3 only