Given below are two statements. In the light of the above statements, choose the most appropriate answer from the options given below.
Statement I:With the Academic Bank of Credit, a student can design their own degree if 50 percent of credits are from the degree-awarding institution.
Statement II:Credits once used or redeemed cannot be used for any other formal purpose or course waivers.
ABoth Statement I and Statement II are correct ✓ Correct
BBoth Statement I and Statement II are incorrect
CStatement I is correct but Statement II is incorrect
DStatement I is incorrect but Statement II is correct
Correct answer: (A) Both Statement I and Statement II are correct
Explanation
Both statements are correct, since the Academic Bank of Credit lets a student design a degree provided at least half the credits come from the degree-awarding institution.
The Academic Bank of Credit stores and transfers credits earned across institutions and modes.
Statement 1 rightly captures the fifty percent condition for the awarding institution.
Credits once used or redeemed for a qualification cannot be reused for another formal purpose or waiver.
Statement 2 correctly describes this bar on reusing spent credits.
The scheme supports the multiple entry and exit pathways envisaged under NEP 2020.
Want more like this? Create a free account to practise a full test, track your progress, and get spaced-repetition review.
Practise on Mcqkart →🎓 Book an expert →