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Answer

Correct Option is 2 and 4

"Statement 1 is incorrect. The tenure of CAG is 6 years. Statement 3 is incorrect. The salary and service condition of CAG shall be determined by the Parliament. Statement 2 is a conceptual point. CAG submits reports after the funds have been issued and utilized. It doesnt approve and suggests whether funds should be issued from CFI or not. Statement 4 is correct."

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