Audit Of Government Company Is Done By CAG (True/False.)

True

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False

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Solution

The correct option is A True
CAG – The Comptroller and Auditor General of India is an authority, which audits all receipts and expenditure of the Government of India and the state governments, including those of bodies and authorities substantially financed by the government.
The Comptroller and Auditor General were established by Article 148 of the Constitution of India.
Hence, the above-given statement is true.

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