Answer: to examine the statement of accounts showing the income and expenditure of state corporations, trading and manufacturing schemes and projects.
Notes: The Public Accounts Committee scrutinises appropriation and finance accounts of Government and reports of the Comptroller and Auditor General . It ensures that public money is spent in accordance with Parliament’s decision and calls attention to cases of waste, extravagance, loss or nugatory expenditure. India Foreign Service comes under the Central Services.
