26. The CAG has the authority to recover any financial losses caused by irregularities or negligence from the responsible officials or entities. True or False?
Answer: True
27. The CAG can initiate legal proceedings against individuals or organizations involved in financial misconduct. True or False?
Answer: True
28. The CAG can recommend the imposition of penalties or disciplinary action against officials found guilty of financial irregularities. True or False?
Answer: True
29. The CAG has the power to conduct post-audits of government contracts and agreements to ensure compliance with financial regulations. True or False?
Answer: True
30. The CAG can provide inputs to the government for the preparation of the Union Budget and State Budgets. True or False?
Answer: True
