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Governance and leadership
Page 160
The institution’s accounts are audited regularly. There have been no major
audit objections. The objections, if any, have been answered through
corrective mechanisms.
6.4.4 Narrate the efforts taken by the University for Resource
Mobilization.
Major financial resource is from student fees and through trust fund.
Research grants required for activities are mobilized through sponsored
projects by the faculty.
The industry and the alumni also help through contributions.
Consultancy also contributes as a financial resource.
All the financial operations are transparently done through banking
procedures.
6.4.5
Provide the audited income and expenditure statement of
academic and administrative activities of the last four years.
Is there any
provision for the University to create a corpus fund? If yes, give details.
The consolidated balance sheet gives information on the income and
expenditure for the last four financial years. Further details will be given
during the peer team visit.