Question Bank - Law Officer

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Independent Evaluation Office has been created by the government of India for the purpose of:

A.
Conducting audit of the public sector companies
B.
Increasing public accountability of some major programmes
C.
Raising capital resources from the public
D.
Creating an independent evaluation office of national accounts

Solution:

The Correct Answer is option 2 i.e. Increasing public accountability of some major programmes.The Independent Evaluation Office was established in 2001 is an autonomous body to conduct independent evaluations of policies and activities of the International Monetary Fund.The office is attached to Planning Commission under a Governing Board chaired by the Deputy Chairman, Planning Commission.The IEO has started to undertake an assessment of Government schemes and programmes.It is funded by the planning commission.It is headed by full-time director-general, with the status of Minister of state.

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