Concept:Constitutional provisions regarding appointment, eligibility, and reporting of the Comptroller and Auditor General (CAG).
Explanation:Statement I is correct: The CAG is appointed by the President of India by warrant under his hand and seal.
Statement II is correct: After ceasing to hold office, the CAG is not eligible for further office either under the Government of India or under the Government of any State.
Statement III is incorrect: The reports of the CAG relating to the accounts of the Union are submitted to the President, who causes them to be laid before the Parliament, not to the Prime Minister.
Answer:Statements I and II are correct.