An Assessment on Academic Bank of Credits with Reference to the New Education Policy in India – 2020

The research paper focusses on one of the most important and remarkable changes introduced by the NEP 2020 was the ‘Multiple entry and exit’ facility in the student’s academic pathway. NEP 2020 offers a creative and interesting combination of choice of subjects for students to study. This in-turn helps the students to be mobile and exercise the credit points, be it accumulation, transfers, redemption and the recognition of credit points. It functions similar to that of the credit score analysed by the banking system of the USA, where when any customer deposits or withdraws money, credit points get subtracted when we write a cheque and gets added as we accrue any interest.