Which Act declared the Indian Institutes of Management to be Institutions of National Importance and allowed them to award degrees?
- A.The IIM Act, 2007
- B.The IIM Act, 2013
- C.The IIM Act, 2017
- D.The IIM Act, 2019
Correct answer
Explanation
The correct answer is C, the IIM Act of 2017. Before it, the IIMs were registered societies that could give only post graduate diplomas, which created difficulty for students who wanted to go on to research degrees abroad. The Act of 2017 made them Institutions of National Importance, let them award degrees such as the master's and the doctorate, gave their boards wide powers over the appointment of directors, and named the President of India as their Visitor.
Option A is wrong because the Act of 2007 belongs to the National Institutes of Technology, which covers the NITs and later the IIITs. Option B is wrong because no IIM Act was passed in 2013. Option D is wrong because 2019 is the year of the National Medical Commission Act, which replaced the Medical Council of India.
Read the full article: Premier Institutes of India: IITs, IIMs and AIIMS for Exams
Practice Questions
View allWhich is the oldest of the Indian Institutes of Technology?
- A.IIT Bombay
- B.IIT Kharagpur
- C.IIT Madras
- D.IIT Delhi
Show answer
It opened in 1951, the first of the IITs, in the buildings of the Hijli Detention Camp where political prisoners had been held under British rule.
Read the full explanation →IIT Madras was established in 1959 with the technical and financial assistance of which country?
- A.United States
- B.Soviet Union
- C.West Germany
- D.United Kingdom
Show answer
IIT Madras was set up in 1959 under an agreement with the Federal Republic of Germany, which supplied equipment, scholarships and visiting faculty in the early years, and the institute's early workshops and laboratories carried that German stamp.
Read the full explanation →Which was the first Indian Institute of Management to be established?
- A.IIM Ahmedabad
- B.IIM Bangalore
- C.IIM Calcutta
- D.IIM Lucknow
Show answer
It was set up in November 1961, a few weeks before IIM Ahmedabad, with the help of the Sloan School of Management of the Massachusetts Institute of Technology, the Ford Foundation and the Government of West Bengal, and it was the first management institute of its kind in the country.
Read the full explanation →IIM Ahmedabad was set up in collaboration with which foreign institution?
- A.Sloan School of Management, MIT
- B.Harvard Business School
- C.Wharton School
- D.London School of Economics
Show answer
IIM Ahmedabad was founded in December 1961 with Harvard's help, which is why its teaching has always leaned on the case method.
Read the full explanation →The All India Institute of Medical Sciences, New Delhi, was established by an Act of Parliament in which year?
- A.1947
- B.1950
- C.1956
- D.1961
Show answer
The All India Institute of Medical Sciences Act was passed in 1956 and AIIMS New Delhi was founded that year as an autonomous Institute of National Importance, free to design its own courses and award its own medical degrees.
Read the full explanation →