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
55. BSBDA - Basic Savings Bank Deposit Account