With reference to the Public Accounts Committee, which among the following statements is / are correct?
1. It is constituted every year
2. It’s chairman is essentially from Lok Sabha
3. It’s duty is to ascertain that expenditure done by government is just and within scope of demand
4. It’s scope of work includes not only the appropriation of funds but also tax administration
Choose the correct option from the codes given below:

Answer: [D] 1, 2, 3 & 4

All the above statements are correct and are notable points for your exam.

This question is a part of GKToday's Integrated IAS General Studies Module