Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: Academic Councils for Indian Institutes of Management | Statement: [Indian Institutes of Management Act, 2017, providesFor, Academic Councils for Indian Institutes of Management]

Target entity: Academic Councils for Indian Institutes of Management
Context triple: [Indian Institutes of Management Act, 2017, providesFor, Academic Councils for Indian Institutes of Management]

• A. Indian Institutes of Management network
  The Indian Institutes of Management network is a group of premier autonomous public business schools in India renowned for their highly competitive management programs and strong industry connections.
• B. Institute of Management Studies
  The Institute of Management Studies is a business and management education and research institute affiliated with the University of Peshawar in Pakistan.
• C. Institute of Management Sciences
  The Institute of Management Sciences is a constituent business and management education institute of Pir Mehr Ali Shah Arid Agriculture University in Rawalpindi, Pakistan.
• D. Judge Institute of Management Studies
  Judge Institute of Management Studies was the original name of what is now Cambridge Judge Business School, the University of Cambridge’s renowned business school offering MBA, master’s, and doctoral programs in management and related fields.
• E. CEMS – The Global Alliance in Management Education
  CEMS – The Global Alliance in Management Education is a global network of leading business schools, multinational companies, and NGOs that collaborates to offer high-quality, internationally oriented management education, most notably through the CEMS Master in International Management.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Generate a one-sentence description of the target entity. 
You are given a context triple in the form (subject, predicate, object), where the object is the target entity. 
# Instructions
Use the triple to infer relevant information about the entity. Describe the entity based on what is most defining, well-known. 
Avoid repeating the information from the triple, unless really essential.
# Response Format
Return only the sentence: "Description: [one-sentence description of the target entity]"

Entity: Academic Councils for Indian Institutes of Management
Triple: [Indian Institutes of Management Act, 2017, providesFor, Academic Councils for Indian Institutes of Management]

Academic Councils for Indian Institutes of Management are statutory academic bodies within India’s IIMs responsible for formulating and overseeing policies on curriculum, teaching, research, and academic standards.

Target entity: Academic Councils for Indian Institutes of Management
Target entity description: Academic Councils for Indian Institutes of Management are statutory academic bodies within India’s IIMs responsible for formulating and overseeing policies on curriculum, teaching, research, and academic standards.

• A. Indian Institutes of Management network
  The Indian Institutes of Management network is a group of premier autonomous public business schools in India renowned for their highly competitive management programs and strong industry connections.
• B. Institute of Management Studies
  The Institute of Management Studies is a business and management education and research institute affiliated with the University of Peshawar in Pakistan.
• C. Institute of Management Sciences
  The Institute of Management Sciences is a constituent business and management education institute of Pir Mehr Ali Shah Arid Agriculture University in Rawalpindi, Pakistan.
• D. Judge Institute of Management Studies
  Judge Institute of Management Studies was the original name of what is now Cambridge Judge Business School, the University of Cambridge’s renowned business school offering MBA, master’s, and doctoral programs in management and related fields.
• E. CEMS – The Global Alliance in Management Education
  CEMS – The Global Alliance in Management Education is a global network of leading business schools, multinational companies, and NGOs that collaborates to offer high-quality, internationally oriented management education, most notably through the CEMS Master in International Management.
• F. None of above. chosen