Correct option is A
According to the UGC (University Grants Commission) regulations, credits stored in the Academic Bank of Credit (ABC) have a validity of up to
7 years from the date of earning. This means that students have the flexibility to use the accumulated credits towards degree programs within this period. The purpose of the Academic Bank of Credit is to promote a flexible and modular system of education, allowing learners to pause and resume their education without losing previously earned credits.
Information Booster: 1. The
Academic Bank of Credit (ABC) is part of the NEP 2020 initiative to enhance higher education flexibility.
2. Credits are recorded digitally, enabling easy transfer between institutions.
3. The
7-year validity encourages students to complete their education within a set timeframe but still offers flexibility.
4. It allows for
multidisciplinary education, with students earning credits across different fields of study.