Sunday, September 14, 2014

Some Important Abbreviations

Abbreviations For Technology : =================================== 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 —————- << 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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