Question

The concept of 'Social Audit' aims at?

  1. Auditing social media accounts
  2. Evaluating the social impact of a project or policy
  3. Assessing the financial performance of social organizations
  4. Monitoring social gatherings for security purposes

Answer:

Option B: Evaluating the social impact of a project or policy

Detailed Solution:

The correct answer is “Evaluating the social impact of a project or policy”.

Social Audit is a process of evaluating the social impact of a project, policy or programme. It helps in assessing whether the intended beneficiaries are actually benefiting and whether the resources are being used efficiently.