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Academic Bank of Credit (ABC), proposed under the National Education Policy (NEP) 2020, will be unveiled. Set-up by the University Grants Commission (UGC). Under the ABC, students will be given multiple entry and exit options. This enables students to leave a degree or course and get a corresponding certification and rejoin studies after a certain time and be able to start from where they had left. It will also provide students with the flexibility to move between institutes while pursuing one degree or leave a course. ABC will keep records of the academic credits of a student. It will not accept any credit course document directly from the students for any course they might be pursuing, but only from higher education institutes, who will have to make deposits in students’ accounts. ABC will help in credit verification, credit accumulation, credit transfer and redemption of students, and promotion of the students.
Which of the following risk can reduce the value of a bond or other fixed rate investments?
Which of the following is considered the most important principle in lending according to the Principles of Lending?
Which ministry conducts the Annual Survey of Industries (ASI) in India?
Which of the following credit facilities is typically used for financing the day-to-day operations of a business?
Which of the following describes the relationship between systematic risk and return?
A type of bond (debt security) that allows the issuer of the bond to retain the right of redeeming the bond at some point before the bond reaches its da...
Which of the following is an advantage of an exchange trading system in a derivative market?
What does IRAC stand for in the context of NPA and recovery in banking?
In ‘CAMELS’ what does C stand for?
In a repurchase agreement, the percentage difference between the repurchase price and amount borrowed is equal to: