Indian Polity · Polity

With reference to the constitutional status and functioning of Parliamentary Committees in India, consider the following statements: I. The recommendations of Department-related Standing Committees are binding on the Ministries concerned. II. Members of Parliamentary Committees are appointed by the Presiding Officers or elected by the House. III. Parliamentary Committees can examine matters only after they are formally referred to them by the House concerned. IV. Financial Committees of Parliament derive their authority directly from the rules and constitutional provisions of India. Which of the statements given above are correct?