With a view to the promotion of the objects specified in section 12, the Institute may-

(a) provide for undergraduate and post-graduate teaching in the science of modem medicine and other allied sciences, including physical and biological sciences;

(b) provide facilities for research in the various branches of such sciences;

(c) provide for the teaching of humanities;

(d) conduct experiments in new methods of medical education, both undergraduate and post-graduate, in order to arrive at satisfactory standards of such education ;

(e) prescribe courses and curricula for both undergraduate and post-graduate studies ;

(f) not-withstanding anything contained in any other law for the time being in force, establish and maintain-

(g) train teachers for the different medical colleges in India ;

(h) hold examinations and grant such degrees, diplomas and other academic distinctions and titles in undergraduate and post-graduate medical education as may be laid down in the regulations ;

(i) institute, and appoint persons to, professorships, reader-ships, lecturerships and posts of any description in accordance with regulations;

(j) receive grants from the Government and gifts, donations, benefactions, bequests and transfers of properties, both movable and immovable, from donors, benefactors, testators or transferors, as the case may be ;

(k) deal with any property belonging to, or vested in, the Institute in any manner which is considered necessary for promoting the objects specified in section 12;

(l) demand and receive such fees and other charges as may be prescribed by regulations ;

(m) [ construct quarters for its staff and allot such housing to the staff in accordance with such regulations as may be made in this behalf. [Relettered and Inserted by Act 30 of 1987, s.3 ]

(n) borrow money, with the prior approval of the Central Government, on the security of the property of the Institute;]

(o) [] [Relettered and Inserted by Act 30 of 1987, s.3 ] do all such other acts and things as may be necessary to further the objects specified in section 12.