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Consider the following statements regarding Public Accounts Committee:

1. It examines the Audit Report of the CAG.

2. The suggestions made by the Committee are necessarily accepted by the Government

3. It ensures the observance of the canons of financial propriety in all transactions

4. The Committee functions in a non-partisan manner

Which of these statements are correct?

A)  1, 3 and 4        

B)  2, 3 and 4

C)  1 and 2           

D)  1, 2, 3 and 4