Option 1 : b & c
The correct answer is b & c.
- In 1967, the chairperson of the Public Accounts Committee is selected from the opposition party.
- Public Accounts Committee serves as a check on the government especially with respect to its expenditure bill and its primary function is to examine the audit report of the Comptroller and Auditor General (C&AG) after it is laid in the Parliament.
- The chairperson of the Public Accounts Committee is appointed by the Lok Sabha speaker.
- The term of office of the members is one year.
- Hence, statement B and statement C are correct while statement A and statement D are incorrect.
- The Public Accounts Committee has 22 members - 15 Lok Sabha, 7 Rajya Sabha.
- The Estimate Committee consists of 30 members - all from Lok Sabha.