Parliamentary Committee on Public Accounts

The Public Accounts Committee (PAC) is one of the most important standing committees of Parliament. Statement 1 is correct: the PAC consists of not more than 25 members of Lok Sabha (with some members from Rajya Sabha as well, but the majority are from Lok Sabha). Statement 2 is correct: it scrutinizes the appropriation and finance accounts of the Government. Statement 3 is correct: it examines the report of the Comptroller and Auditor General (CAG) of India, which is submitted to Parliament. The PAC serves as a watchdog over government expenditure and financial management. All three statements accurately describe the composition and functions of the Public Accounts Committee. > PAC Mnemonic: Public Accounts Committee examines appropriation accounts, auditor reports, and maintains fiscal accountability. Answer: (d).