Which of the following statements with reference to the Public Accounts Committee is NOT correct?
1
A minister cannot be elected as a member of the committee.
2
The chairman of the committee is appointed from amongst its members by the Speaker.
3
The Committee on Public Accounts was first set up in 1921 in the wake of the Montague-Chelmsford Reforms.
4
Its members are nominated by the Speaker giving due representation from all parties.