• 9964432222
  • Mail Us
  • Appointment
  • Locate Us
  • Chat Now
  • Courses
  • Login
  • Register
Manifest IAS
JournalsOfIndia
Advertisement
  • Home
  • SNIPPETSfor Prelims
  • ARTICLESfor Mains
  • BROWSEBY SOURCE
  • DOWNLOADS
No Result
View All Result
  • Home
  • SNIPPETSfor Prelims
  • ARTICLESfor Mains
  • BROWSEBY SOURCE
  • DOWNLOADS
No Result
View All Result
JournalsOfIndia
No Result
View All Result
Home Law & Policy

Academic Bank of Credit

January 23, 2022
in Law & Policy
Reading Time: 2 mins read
0
Academic Bank of Credit
286
VIEWS
Share on WhatsAppShare on TelegramShare on Facebook
image_pdfMake PDF

In news- The government recently brought the IITs, IIMs and other Institutions of National Importance (INIs) under the Academic Bank of Credit (ABC) framework. This allows students to pursue up to 50 per cent of a course from institutions other than the one with which they are enrolled.

About Academic Bank of Credits(ABC)-

  • The Prime Minister had launched the Academic Bank of Credit on July 29, 2021, the first anniversary of the National Education Policy (NEP) 2020.
  • According to the University Grants Commission, ABC means an academic service mechanism as a digital or virtual or online entity established by the Commission with the approval of the Central government.
  • It will be a bank for academic purposes, in the pattern of commercial banks for financial purposes, with students as academic account holders to whom it shall provide a variety of services including credit verification, credit accumulation, credit transfer or redemption and authentication of academic awards.
  • The purpose of this bank would be to digitally store the academic credits earned from various recognized Higher Educational Institutes by a student in any course. 
  • Through this, Higher Educational Institutes(HEIs) would be able to award degrees, taking into account the credits earned by the students.
  • It has been rolled out for students in over 290 top institutions from the current academic year 2021-22 onwards. 
  • It is a major instrument for facilitating multidisciplinary and holistic education and multiple entry and exit in higher education.
  • The ABC will enable students to select the best courses or combination of courses to suit their aptitude and to tailor their degrees or make specific modifications or specializations rather than undergoing the rigid, regularly prescribed degree or courses of a single university.
  • It will also permit students to choose a pace for their studies along with the associated logistics and costs.
  • They can choose to study one course in a year in one institution and switch to another one the next year.
  • All institutions in the top 100 of the National Institutional Ranking Framework as well as those who have achieved an ‘A’ grade under the National Assessment and Accreditation Council are allowed to participate in the credit transfer system.
image_pdfMake PDF
Source: The Hindubusinessline
Tags: News PaperPrelims

Related Posts

Systems Reform Endeavors for Transformed Health Achievement in Gujarat (SRESTHA-G project)

Systems Reform Endeavors for Transformed Health Achievement in Gujarat (SRESTHA-G project)

May 20, 2022
Article 142 of the Constitution

Article 142 of the Constitution

May 20, 2022
‘Gifted seat’ norms by AICTE

‘Gifted seat’ norms by AICTE

May 20, 2022
National Policy on Biofuels, 2018

National Policy on Biofuels, 2018

May 19, 2022
The first Global Report on Assistive Technology (GReAT)

The first Global Report on Assistive Technology (GReAT)

May 18, 2022
What is the Places of Worship Act?

What is the Places of Worship Act?

May 18, 2022
First ‘smoke free’ state in India

First ‘smoke free’ state in India

May 17, 2022
SSR and SRIMAN Guidelines

SSR and SRIMAN Guidelines

May 14, 2022
FSSAI formulates regulations for ‘Ayurveda Aahara’ products

FSSAI formulates regulations for ‘Ayurveda Aahara’ products

May 13, 2022
National Family Health Survey (NFHS) – 5

National Family Health Survey (NFHS) – 5

May 10, 2022
Please login to join discussion
JournalsOfIndia

Our vision is to orient the readers to grasp the facts objectively and analyse critically. In the rush of reaching first to the readers, the websites miss the balanced opinion, which is the need of the hour. We aim to reach the readers with more crispness, preciseness and relevance. We bring the articles in UPSC way for the civil services aspirants and the Wisest Way for general readers.

Categories

  • Agriculture
  • Disaster Management
  • Economy
  • Environment
  • Ethics
  • Foreign Affairs
  • Geography
  • Governance
  • History
  • Law & Policy
  • Opinion
  • People in News
  • Places in News
  • Science & Tech
  • Security
  • Society
  • Sports
  • Uncategorized

Browse by Tag

AIR BBC Business Standard CNN Deccan Herald DownToEarth Down to Earth DTE Economic Times ET GS-1 GS-2 GS-3 GS-4 Hindustan Times IE India & the world Indian express India today Indiatoday Kurukshetra LiveMint Mains News News Paper Newspaper PIB PIB & The Hindu pre Prelims PRS India RSTV Science Reporter Survey The Hindu The Hindustan Times The India Express The Indian Express The New Indian Express Times of India TOI TOPPERS UNDP website Wikipedia Yojana

Newsletter

The most important UPSC news and events of the day.

Get Journals daily newsletter on your inbox.

© 2020 JournalsOfIndia - A free initiative by Manifest Team.

  • Login
  • Sign Up
  • Home
  • SNIPPETS
  • ARTICLES
  • BROWSE
  • DOWNLOADS
No Result
View All Result

© 2020 JournalsOfIndia - A free initiative by Manifest Team.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In