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Abbreviation Questions for Competitive Examinations

Abbreviation Questions for Competitive Exams

In every competitive exam like, Banking, SSC, IBPS & SBI you will be asked to write the Abbreviations (Full Form) of Some Banking and Non-banking terms. Generally the abbreviation or full form for some reputed Organization, Head Office and Banking terms are asked in the examination. Here is a list of important full form is given, memorize these abbreviation to score the 

1.  REITs - Real Estate Investment Trusts  

2.  InvITs - Infrastructure Investment Trusts 

3.  ALM - Asset Liability Management 

4.  AML - Anti Money Laundering  

5.  KYC - know Your Customer  

6.  ASBA -  Application Supported by Blocked Amount

7.  IFSC  - Indian Financial System Code 

8.  CBS - Core Banking Solution  

9.  RTGS - Real Time Gross Settlement 

10.  SLR - Statutory Liquidity Ratio 

11.  CAR – Cash Adequacy Ratio 

12.  MSF - Marginal Standing Facility 

13.  NBFC-Non Banking Finance Companies 

14.  PIN: Personal Identification Number 

15.  CCEA – Cabinet Committee on Economic Affairs 

16.  CECA - Comprehensive Economic Cooperation Agreement 

17.  CEPA – Comprehensive Economic Partnership Agreement  

18.  DTAA – Double Taxation Avoidance Agreement 

19.  ECBs - External Commercial Borrowings 

20.  EEFC - Exchange Earner's Foreign Currency 

21.  EFSF – European Financial Stability Facility 

22.  FEMA- Foreign Exchange Management Act 

23.  FII – Foreign Institutional Investor. 

24.  FINO- Financial Inclusion Network Operation 

25.  FIPB – Foreign Investment Promotion board 

26.  FSLRC – Financial Sector Legislative Reforms Commission 

27.  CRAR: Capital to Risk-weighted Assets Ratio  

28.  SWIFT: Society for Worldwide Interbank Financial Telecommunication 

29.  DEAF: Depositor Education and Awareness Fund  

30.  NEFT - National Electronic Funds Transfer 

31.  DICGC : Deposit insurance and credit guarantee corporation.  

32.  FCNR(B) - Foreign Currency Non-Resident Bank  

33.  LCR: Liquidity Coverage Ratio  

34.  IMPS: Interbank Mobile Payment Service  

35.  TARC - Tax Administration Reform Commission 

36.  LRMT: Liquidity risk monitoring tools  

37.  ECB - External Commercial Borrowings  

38.  MIBOR: Mumbai Inter-Bank Offer Rate 

39.  LIBOR: London Inter-Bank Offer Rate 

40.  LAF – Liquidity Adjustment Facility 

41.  GIRO -  Government Internal Revenue Order 

42.  FRBMA:  Fiscal Responsibility and Budget Management Act 

43.  AMFI- Association of Mutual Fund in India. 

44.  TIEA – Tax Information exchange Agreement 

45.  FTA- Free trade agreement 

46.  GAAR - General anti avoidance rule 

47.  GSLV - Geo-Synchronous Launch Vehicle 

48.  NCTC - National Counter-Terrorism Centre 

49.  NSG – Nuclear Suppliers Group 

 50.  PPP – Public Private Partnership & Purchasing Power parity 

51.  PSLV – Polar Satellite Launch vehicle 

52.  TAPI - Turkmenistan-Afghanistan-Pakistan-India. 

53.  QFI -Qualified Foreign Investors 

54.  REER: Real Effective Exchange Rate

55. BSBDA -  Basic Savings Bank Deposit Account 
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