With reference to the Public Accounts Committee (PAC), consider the following statements: 1. The members of the committee are elected by the Parliament every year from amongst its members according to the principle of proportional representation. 2. A Minister is eligible to be elected as a member of the committee. 3. The committee examines the audit reports of the Comptroller and Auditor General (CAG) of India. Which of the statements given above are correct?

Explanation

The Public Accounts Committee consists of 22 members (15 from Lok Sabha and 7 from Rajya Sabha). They are elected by the members of Parliament from among themselves using the principle of proportional representation by means of single transferable vote, making Statement 1 correct. A minister cannot be elected as a member of this committee, hence Statement 2 is incorrect. Its primary function is to examine the annual audit reports of the Comptroller and Auditor General (CAG) of India, which are laid before the Parliament by the President, making Statement 3 correct.