Examveda

Who is responsible for establishing and maintaining astound and efficient accounting and financial reporting system in India?

A. The Comptroller General of Accounts

B. NITI Ayog

C. RBI

D. None of these

Answer: Option A

Solution (By Examveda Team)

The Comptroller General of Accounts (CGA) in the Department of Expenditure, Ministry of Finance is the Principle Accounting Advisor to the Government of India on accounting matters and is responsible for establishing and maintaining a sound and efficient accounting and financial reporting system.

This Question Belongs to General Knowledge >> Indian Economy

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