Congress leader Mallikarjun Kharge is the new chairman of the 21-member Public Accounts Committee of Parliament.
Kharge replaces Congress leader K V Thomas, whose term ended on April 30.
The Parliamentary panel, which is headed by an opposition leader, has majority of its members from the ruling NDA.
The new committee has only two new faces while the remaining members have been renominated.
Subhash Chandra Baheria and Ram Shankar, both of the BJP, have replaced their party members Richard Hay and Janardan Singh Sigriwal.
Other MPs from the Lok Sabha who are in the panel are Sudip Bandyopadhyay, Prem Singh Chandumajra, Nishikant Dubey, Gajanan Chandrakant Kirtikar, Bhartruhari Mahtab, Riti Pathak, Neiphiu Rio, Abhishek Singh, Kirit Somaiya, Anurag Singh Thakur, Shivkumar C Udasi and P Venugopal.
The Rajya Sabha MPs who are part of the panel are Naresh Agrawal, Satyavrat Chaturvedi, Bhubaneswar Kalita, Shantaram Naik, Sukhendu Sekhar Roy, Ajay Sancheti and Bhupender Yadav.
The Committee on Public Accounts is the oldest Parliamentary committee that examines the accounts showing the appropriation of sums granted by Parliament for expenditure of the government of India and such other accounts of autonomous and semi-autonomous bodies.
The committee also examines the reports of the Comptroller and Auditor General of India (CAG) on various subjects like civil, defence, posts, railways and taxation. Besides, the Committee examines the CAG reports on performance appraisals of various centrally sponsored schemes.
The PAC has presented 1,571 reports since it became a Parliamentary committee on January 26, 1950. Since 1967, a convention has been established whereby an eminent leader from the opposition in Lok Sabha is appointed as its chairperson.
The PAC has been chaired by eminent parliamentarians like Atal Bihari Vajpayee, Jyotirmoy Basu, PV Narasimha Rao and R Venkataraman.