Consider the following statements : The Parliamentary Committee on Public Accounts 1. consists of not more than 25 Members of the Lok Sabha 2. scrutinizes appropriation and finance accounts of the Government 3. examines the report of the Comptroller and Auditor General of India Which of the statements given above is/are correct?

1. Statement 1 is incorrect. The Parliamentary Committee on Public Accounts (PAC) consists of 22 Members in total: 15 elected from the Lok Sabha and 7 elected from the Rajya Sabha. Therefore, it does not consist of 'not more than 25 Members of the Lok Sabha'. 2. Statement 2 is correct. A primary function of the PAC is to scrutinize the appropriation accounts and the finance accounts of the Government, ensuring that public money is spent in accordance with Parliament's decisions and identifying any irregularities. 3. Statement 3 is correct. The PAC examines the annual audit reports submitted by the Comptroller and Auditor General of India (CAG). The CAG assists the committee in its examination of accounts and audit reports.