Institute of Advanced Studies in Education Deemed University

Yes, IASE deemed university recognised by UGC and AICTE. So you can pursue your studies from the same. It is valid for the government jobs. Source: http://entrance-exam.net/forum/general-discussion/iase-deemed-university-valid-university-government-job-816666.html#ixzz691G695Z1
Yes, Distance education applicable and accepted in government. Organizations. The institute that you will select to pursue the course will have an impact on the acceptance of your degree. You can pursue the degree / Diploma / Certification from UGC, DEB & AIU approved university.
You can do your research on various institutes like MITSDE, NMIMS, IFIM, XLRI, IIM-C, and others before enrolling and arriving at a decision.