The correct answer is 1, 2, 3, and 4. Important Points The National Institutional Ranking Framework It is a methodology adopted by the Ministry of Education, Government of India, to rank institutions of higher education in India. The Framework was approved by the MHRD and launched by the Minister of Human Resource Development on 29 September 2015. Parameters and Weightage Teaching, Learning & Resources (TLR): 0.30 Research and Professional Practice (RP): 0.30 Graduation Outcomes (GO): 0.20 Outreach and Inclusivity (OI): 0.10 Peer Perception: 0.10. So, all the statements 1, 2, 3, and 4 are correct. Additional Information The best college in the field of higher education- The Indian Institute of Technology (IIT), Madras. The QS World University Rankings showed that India’s best, including IISc and most IITs, has slipped in the global lists. This is due to the high weightage given to the perception parameter in most international rankings. The global agencies give us a lower ranking due to ‘perception’, which is a subjective parameter. 90% of the parameters in NIRF are completely objective and fact-based, while only 10% is based on the subjective parameter of perception by academic peers and employers.