The functions, duties and powers of the Executive Council shall be as follows:
(a) To execute or cause to execute the decisions and directives of the Senate,
(b) To prepare draft of the Rules relating to the Academy and submit them to the Senate for approval,
(c) To prepare policies, plans, annual programmes, progress report, annual budget, audit report and other resolutions and introduce them to the Senate for approval,
(d) To evaluate and monitor the functions carried out by the bodies under the Academy and to direct such bodies as per necessity, (e) To operate, look after and protect, sell, or lease or contract the fund and movable and immovable property of the Academy subject to the policy, guidelines of the Senate, Provided that, prior approval of the Government of Nepal shall be taken to sell the immovable property which was be received from the Government of Nepal.
(f) To appoint and promote teachers and employees necessary for the Academy on the recommendation of the Service Commission,
(g) To accept financial and other assistance to the Academy,
(h) To carry out other functions as prescribed.