Current Affairs Question - 10 August 2020

Explanation :

• Loya Jirga is a mass national gathering that brings together representatives from the various ethnic, religious, and tribal communities in Afghanistan.
• In Afghanistan, loyajirgas have been reportedly organized since at least the early 18th century when the Hotaki and Durrani dynasties rose to power.
• It is a highly respected centuries-old consultative body that has been convened at times of national crisis or to settle national issues.
• According to the Afghan Constitution, it is considered the highest expression of the Afghan people.
• However, it is not an official decision-making body and its decisions are not legally binding.

Explanation :

• Comptroller and Auditor General(CAG) of India is the apex authority responsible for external and internal audits of the expenses of the National and state governments.
• Part V of the Indian Constitution describes the role and responsibilities of this office in Chapter V.
• The CAG is mentioned in the Constitution of India under Article 148 – 151.
• The Comptroller and Auditor General is one of the few offices directly appointed by the President of India.
• He is the head of the Indian Audit and Accounts Department.
• CAG is the guardian of the public purse and controls the entire financial system of the country at both the levels- the centre and state.
• It audits all expenditure from the Contingency Fund of India and the Public Account of India as well as the Contingency Fund and Public Account of each state.
• He submits his audit reports relating to the accounts of the Centre and State to the President and Governor, who shall, in turn, place them before both the houses of Parliament and the state legislature respectively.
• He submits 3 audit reports to the President: audit report on appropriation accounts, audit report on finance accounts and audit report on public undertakings.