Bhopal's Satish Mehta had to move to Mumbai after his first year of postgraduate education due to his father's transferable job. Not only did have to deal with the blow of losing a year, his project on use of artificial intelligence in hospitals was also not considered.He would have immensely benefitted if the proposed National Academic Credit Bank (NAC Bank) existed at that time.The University Grants Commission (UGC) has proposed the NAC Bank, which gives students the flexibility to transfer credits from one institute to the other, and also enables multiple points of entry/exit.Close Once NAC Bank comes into force, a student who is facing a similar situation like Satish can directly join an institute for the second year MSc course. Further, the project completed in Bhopal will also be considered for his science degree in Mumbai. related news Are HNIs moving to these newer tax havens to secure assets against uncertainty? BJP can't bulldoze states to implement … [Read more...] about Explained | The NAC Bank will allow students to drop a course and join another, without losing credits
