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Yes, it is possible to complete a BSc in one year in India through "fast-track" or "one-sitting" degree programs. This is designed for students with gaps in their education, failed years, or working professionals needing to complete their degree quickly. It generally works via credit transfer or lateral entry for final-year exams, often offered by distance education, but it is crucial to select a UGC-DEB-approved university. 

Key Details for Completing BSc in One Year:

• Eligibility: Generally requires having passed 10+2, or having discontinued your Bachelor’s degree in the 1st or 2nd year.

• Mechanism:

• Lateral Entry: If you have failed or discontinued 1st/2nd year, you can enter directly into the final year.

• Credit Transfer: Previous education credits are transferred to a new UGC-recognized university, and you appear only for the remaining exams.

• Validity: The program is considered valid, provided the institution is recognized by the University Grants Commission (UGC) and Distance Education Bureau (DEB).

• Target Audience: Often used by working professionals or those who dropped out to complete their graduation in a single academic year. 

Note: Ensure the university chosen is authorized, as fast-track degrees can sometimes face scrutiny in public sector jobs.