Abbreviations For Technology :
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SIM – Subscribers identity module
CDMA – Code division multiple access
GPRS – General packet radio service
CCTV – Closed circuit television
LCD – Liquid crstal display
LED – Light emitting diode
PEDs – Portableelectronic devices
TFT – Thin film transistor
IMEI – International mobile equipment identity
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<< Some Important Banking Abbreviations >>
** Important Terms For All Banking Exams **
• DICGC: Deposit insurance and credit guarantee
• OLTAS : On-line Tax Accounting System (used for Direct Taxes)
• TIN: Tax Information Network
• IMPS: Interbank Mobile Payment Service
• BSBDA:- Basic Savings Bank Deposit Account
• FCNR(B):- Foreign Currency Non-Resident Bank
• TARC: Tax Administration Reform Commission
• ITEs: Intra-Group Transactions and Exposures
• LCR: Liquidity Coverage Ratio
• NSFR: Net Stable Funding Ratio
• REER: Real Effective Exchange Rate
• LRMT: Liquidity risk monitoring tools
• CBS: Core Banking Solution
• DEAF: Depositor Education and Awareness Fund
• CRAR: Capital to Risk-weighted Assets Ratio
• ECB: External Commercial Borrowings
• SWIFT: Society for Worldwide Interbank Financial Telecommunication
• FSLRC: Financial Sector Legislative Reforms Commission
• MIBOR: Mumbai Inter-Bank Offer Rate
• LIBOR: London Inter-Bank Offer Rate
• LAF: Liquidity Adjustment Facility
• GIRO – Government Internal Revenue Order
• EEFC: Exchange Earner’s Foreign Currency
• FRBMA: Fiscal Responsibility and Budget Management Act
• ALM: Asset Liability Management
• AMFI: Association of Mutual Fund in India
• TIEA: Tax Information exchange Agreement
• CAR: Cash Adequacy Ratio
• CCEA: Cabinet Committee on Economic Affairs
• CECA: Comprehensive Economic Cooperation Agreement
• CEPA: Comprehensive Economic Partnership Agreement
• DTAA: Double Taxation Avoidance Agreement
• ECBs: External Commercial Borrowings
• EEFC: Exchange Earner’s Foreign Currency
• EFSF: European Financial Stability Facility
• FEMA: Foreign Exchange Management Act
• FII: Foreign Institutional Investor.
• FINO: Financial Inclusion Network Operation
• FIPB: Foreign Investment Promotion board
• FSLRC: Financial Sector Legislative Reforms Commission
• FTA: Free trade agreement
• GAAR: General anti avoidance rule
• GSLV: Geo-Synchronous Launch Vehicle
• MSF: Marginal Standing Facility
• NBFC: Non Banking Finance Companies
• NCTC: National Counter-Terrorism Centre
• NEFT: National Electronic Funds Transfer
• NSG: Nuclear Suppliers Group
• PPP: Public Private Partnership / Purchasing Power parity
• PSLV: Polar Satellite Launch vehicle
• RTGS: Real Time Gross Settlement
• SLR: Statutory Liquidity Ratio
• QFI: Qualified Foreign Investors
• VVPAT: Voter Verifiable Paper Audit Trail
• TIEA: Tax Information Exchange Agreement
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