Parliamentary Committee on Public Accounts

The Public Accounts Committee (PAC) is a standing committee of Parliament that consists of not more than 25 members drawn from both Houses (primarily from Lok Sabha). Statement 1 is correct as it accurately reflects the composition. Statement 2 is correct because the PAC scrutinizes appropriation and finance accounts of the Government of India. Statement 3 is correct as the PAC examines the report of the Comptroller and Auditor General (CAG) of India, which is its primary function. All three statements accurately describe the role and composition of the PAC. > The PAC is India's premier financial watchdog committee, combining membership from both houses and drawing extensively on CAG reports to oversee government finances. Answer: (d).