Geo-Scientist Prelims 2023 General Studies Q67: What is Academic Bank of Credit (ABC) as per the National Education…

What is Academic Bank of Credit (ABC) as per the National Education Policy (NEP), 2020?

1. (a) ABC enables credits awarded to students for one programme from a recognized higher education institution to be transferred or redeemed by another higher education institution
2. (b) ABC is the bank account of the students for direct transfer of scholarship
3. (c) ABC is the newly created institution for providing credits to academic institutions for building infrastructure
4. (d) ABC is an autonomous banking system dealing with the financial management of higher education institutions under NEP, 2020