Which state will now have an IIM as per a Union Cabinet decision on 13th Oct 2016?

a. Shillong

b. Ranchi

c. Raipur

d. None of the above

ANSWER: None of the above

Explanation:

The Union Cabinet on 13th Oct 2016 have approval for the setting up of an Indian Institute of Management in J&K. The institute will operate from a temporary campus at Old Government College of Engineering and Technology from 2016-2017

The project will cost INR 62 crore for 4 years from 2016–2020

Student strength intake for 2016 in the PGDP in Management is 54 which is set to shoot up to 120 in the 4th year

Steps are being taken for setting up the campus at Jammu and the out-campus in the Kashmir region

Union Cabinet has also approved the formation of an IIM Jammu Society under the Society Registration Act 1860

IIM Jammu will be run and managed by a Society with a board of governors constituted by GoI which will administer the Institute and manage its establishment and operationalisation

This decision is part of the development package of the PM for J&K– the institute is alongside the establishment of an IIT in Jammu, modernisation of NIT Srinagar and opening of 2 AIIMS institutions- one each in Jammu and Kashmir

Indian Institute of Management is the country’s premier institution imparting quality education in the field of management

Currently there are 19 IIMs.