GK- IMPORTANT ABBREVATIONS

 

KNOW  THE FULL FORMS

• ADR: American Depositary Receipt
• AIDWA: All India Democratic Woman’s Association
• AITUC: All India Trade Union Congress
• AMFI: Association of Mutual Funds in India
• APEC: Asia-Pacific Economic Cooperation
• APL: Above Poverty Line
• APM: Administered Pricing Mechanism
• ARC: Asset Reconstruction Company
• ARDR: Agricultural and Rural Debt Relief
• ASBA: Application Supported by Block Amount
• ASEAN: Association of South-East Asian Nations
• ASEM: Asia-Europe Meeting
• ASSOCHAM: Associated Chambers of Commerce and Industry
• ATM: Automatic Teller Machine
• BIFR: Board of Industrial and Financial Reconstruction
• BCBS: Basel committee for Banking Supervision
• BCSBI: Banking Codes and Standards Board of India
• BIS: Bureau of Indian Standards
• BOLT: BSE On-Line Trading (System)
• BOT: Build, Operate and Transfer
• BPL: Below Poverty Line
• BPO: Business Process Outsourcing
• BSE: Bombay Stock Exchange
• CA: Chartered Accountant
• CABE: Central Advisory Board of Education
• CACP: Commission of Agriculture Cost and Price
• C & AG: Comptroller & Auditor General
• CAMELS: C - Capital adequacy, A - Asset quality, M - Management quality, E – Earnings, L – Liquidity, S - Sensitivity to Market Risk
• CAPART: Council for People’s Action and Advancement of Rural Technology
• CAR: Capital adequacy ratio
• CARE: Credit Analysis & Research Ltd.
• CBS: Core banking solution
• CCI: Competition Commission of India
• CCIL: Clearing Corporation of India limited
• CDSL: Central Securities Depository Limited
• CECA: Comprehensive Economic Cooperation Agreement
• CEPA: Comprehensive Economic Partnership Agreement
• CIBIL: Credit Information Bureau (India) Ltd
• CII: Confederation of Indian Industry
• CIS: Commonwealth of Independent States
• CHOGM: Commonwealth Heads of Government Meeting
• CITES: Convention on International Trade in Endangered Species
• CITU: Centre Of Indian Trade Unions
• CMP: Common Minimum Program
• CPI (UNME): The Consumer Price Index for Urban Non-Manual Employees.
• CPI (AL): Consumer Price Index for Agricultural Labors.
• CPI (IW): Consumer Price Index for Industrial Workers
• CPI (RL): Consumer Price Index for Rural Labourers
• CRAR: Capital to Risk (Weighted) Assets Ratio
• CRISIL: Credit Rating Information Services of India Limited
• CRR: Cash Reserve Ratio
• CSIR: Council of Scientific and Industrial Research
• CST: Central Sales Tax
• CTT: Commodities Transaction Tax
• DA: Dearness Allowance; Daily Allowance
• DMIC: Delhi-Mumbai Industrial Corridor
• DPEP: District Primary Education Program
• ECA: Essential Commodity Act
• ECB: External Commercial Borrowings
• ECS: Electronic clearing system
• EDUSAT: Education Satellite
• EEE: Exempt Exempt Exempt
• EET: Exempt Exempt Taxation
• EFA: Education for All
• EFT: Electronic fund transfer
• EEFC Accounts: Exchange Earners Foreign Currency Account
• EGOM: Empowered Group of Ministers
• EMI: Equated Monthly Installment
• EMS: European Monetary System
• ERNET: Educational and Research Network
• ESA: European Space Agency
• ESCAP: Economic and Social Commission for Asia and Pacify
• ESMA: Essential Services Maintenance Act
• ESOP: Employee Stock Option Program
• EU: European Union
• FAO: Food and Agriculture Organization
• FCCB: Foreign Currency Convertible Bond
• FCNR: Foreign Currency (Non-Resident) Accounts Scheme
• EPF: Employees Provident Fund
• EPFO: Employees Provident Fund Organization
• FDI: Foreign Direct Investment
• FEMA: Foreign Exchange Management Act
• FERA: Foreign Exchange Regulations Act
• FICCI: Federation of Indian Chambers Of Commerce and Industry
• FII: Foreign Institutional Investors
• FIPB: Foreign Investment Promotion Board (Of India)
• FMCG: Fast Moving Consumer Goods
• FPO: Follow on Public Offer
• FRBM: Fiscal Responsibility And Budget Management
• FSSA: Food Safety And Standards Authority (Of India)
• FTA: Free Trade Area
• GATT: General Agreement On Tariffs And Trade
• GCC: Gulf Cooperation Council
• GDP: Gross Domestic Product
• GDR: Global Depositary Receipt
• GEF: Global Environment Fund
• GIC: General Insurance Corporation
• GNP: Gross National Product
• GST: Goods and Service Tax
• HDFC: Housing Development Finance Corporation Limited
• HDI: Human Development Index
• HSBC: Hong Kong and Shanghai Banking Corporation Limited
• HUDCO: Housing And Urban Development Corporation
• IAAI: International Airport Authority Of India
• IAAS: Indian Audit and Accounts Service
• IADF: International Agricultural Development Fund
• IAEA: International Atomic Energy Agency
• IAEA: International Atomic Energy Agency
• IASB: The International Accounting Standards Board
• IBRD: International Bank for Reconstruction And Development
• ICAI:  Institute of Chartered Accountants of India
• ICAR: Indian Council of Agricultural Research
• ICCW: Indian Council for Child Welfare
• ICDS: Integrated Child Development Service
• ICMR: Indian Council of Medical Research
• ICICI: Industrial Credit and Investment Corporation of India
• ICOR: Incremental capital output ratio
• ICRC: International Committee of Red Cross
• IDA: International Development Association
• ICRA: Investment information and Credit Rating Agency
• IES: Indian Economic Service
• IEX: Indian Energy Exchange
• IFRS: International Financial Reporting Standard
• IFSC: Indian financial system code
• IFTU: International Federation of Trade Unions
• IFWJ: Indian Federation of Working Journalists
• IIP: The Index of Industrial Production
• IIPA: Indian Institute of Public Administration
• IISS: International Institute of Strategic Studies
• ILO: International Labor Organization
• IMF: International Monetary Fund
• IMO: International Maritime Organization
• IDR: Indian Depository Receipts
• IDBI: Industrial Development Bank of India
• IMF: International monetary fund
• IMRB: Indian Market Research Bureau
• INMARSAT: International Maritime Satellite Organization
• INTERPOL: International Police Organization
• INTUC: Indian National Trade Union Congress
• IOC: International Olympic Committee
• IPCC: Intergovernmental Panel on Climate Change
• IPEC: International Program on Elimination Of Child Labor
• IPO: Initial public offer
• IPR: Intellectual Property Right
• IRDA: Insurance Regulatory and Development Authority
• IREP: Integrated Rural Energy Planning
• ISO: International Standardization Organization
• ISS: International Space Station
• ITDC: Indian Tourism Development Corporation
• ITO: International Trade Organization; Income-Tax Officer
• ITU: International Tele-Communication Union
• JNNURM: Jawaharlal Nehru National Urban Renewal Mission
• KPO: Knowledge Process Outsourcing
• KYC: Know your customer
• LDC: Least Developed Countries
• LIBOR: London Inter Bank Offer Rate
• LIC: Life Insurance Corporation (Of India)
• LLP: Limited Liability Partnership
• MAT: Minimum Alternative Tax
• MAIT: Manufacturers’ Association for Information Technology
• MCAP: Market capitalization / Mid cap
• MDG: Millennium development goals
• MEP: Minimum Export Pric
• MFA: Multi-Fiber Agreement
• MFI: Micro finance institution
• MFIN: Micro finance institution network
• MFN: Most Favored Nation
• MIBOR: Mumbai Interbank offer rate
• MIN: Mutual fund identification no.
• MNC: Multi-National Corporation
• MRTPC: Monopolies and Restrictive Trade Practices Commission
• MRTS: Mass Rapid Transit System
• MSME: Micro Small and Medium Enterprises
• MSP: Minimum support price
• MTO: Multilateral Trade Organization
• NABARD: National Bank for Agriculture and Rural Development.
• NAEP: National Adult Education Program
• NAFED: National Agricultural Cooperative Marketing Federation of India Ltd
• NAFTA: North America Free Trade Agreement
• NAM: Non-Aligned Movement
• NAMA: Non-Agriculture Market Access
• NASDAQ: National Association of Securities Dealers Automated Quotation
• NATO: North Atlantic Treaty Organization
• NAV: Net Asset Value
• NBFC: Non Banking Finance Companies
• NCAER: National Council Of Applied Economic Research
• NCERT: National Council Of Education Research And Training
• NCPCR: National Commission for Protection of Child Rights
• NDC:  National Development Council
• NEFT: National Electronic Fund Transfer
• NEGP: National E-Governance Plan
• NEP: National Education Policy
• NFO: New Fund Offers
• NHAI: National Highways Authority of India
• NHDP: National Highways Development Project
• NHRC: National Human Rights Commission
• NIFT: National Institute of Fashion Technology
• NIO: National Institute of Oceanography
• NLMA: National Literacy Mission Authority
• NMDC: National Mineral Development Corporation
• NNP: Net National Production
• NPA: Non Performing Asset
• NPR: National Population Register
• MGNREGA: National Rural Employment Guarantee Act
• NSE: National Stock Exchange
• NSDL: National Securities Depository Limited
• NSE: National Stock Exchange
• NSSO: National Sample Survey Organization
• NTPC: National Thermal Power Corporation
• ODA: Official Development Assistance
• OECD: Organization of Economic Co-Operation and Development
• OGL: Open General License
• OIC: Organization of Islamic Countries
• OIL: Oil India Limited
• OMCS: Oil Marketing Companies
• ONGC: Oil And Natural Gas Commission
• OPEC: Organization Of Petroleum Exporting Countries
• OSCE: Organization For Security And Cooperation In Europe
• PAC: Public Accounts Committee
• PAN: Permanent Account Number (Of Income-Tax)
• PATA: Pacific-Asia Travel Association
• PCI: Per capita income
• PDS: Public Distribution System
• PIL: Public Interest Litigation
• PIO: Persons Of Indian Origin
• PN: Participatory Note
• POP: Point Of Purchase
• PPF: Public Provident Fund
• PPP: Public private partnership / Purchasing power parity
• PTA: Preferential Trade Area
• PURA: Providing urban amenities in rural areas
• QIB: Qualified Institutional Buyer
• QIP: Qualified Institutional Placement
• QR: Quantitative Restriction
• RBI: Reserve Bank Of India
• RIDF: Rural infrastructure development fund
• RRB: Regional Rural Bank
• RRPI: Rural Retail Price Index
• RTGS: Real Time Gross Settlement System
• SAARC: South Asian Association for Regional Co-Operation
• SAFTA: South Asian Free Trade Area
• SAIL: Steel Authority of India Limited
• SAPTA: SAARC Preferential Trading Agreement
• SARFAESI ACT: The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
• SCO: Shanghai Cooperation Organization
• SCOPE: Standing Conference On Public Enterprises
• SDR: Special Drawing Rights
• SEBI: Securities And Exchange Board Of India
• SEZ: Special Economic Zone
• SIDBI: Small Industries Development Bank of India
• SEWA: Self employed woman’s association
• SLR: Statutory Liquidity Ratio
• STT: Securities Transaction Tax
• SWIFT: Society for Worldwide Financial Telecommunications, 
• TDS: Tax Deduction at Source
• TIFR: Tata Institute Of Fundamental Research
• TIN: Tax Information Network
• TINXSYS: Tax Information Exchange System
• TISCO: Tata Iron and Steel Company
• TPDS: Targeted Public Distribution System
• TRAI: Telecom Regulatory Authority Of India
• TRIMS: Trade Related Investment Measures
• TRIPS: Trade Related Intellectual Property Rights
• TRYSEM: Training Of Rural Youth For Self Employment
• UN: United Nations
• UNCTAD: United Nations Conference On Trade And Development
• UNDP: United Nations Development Program
• UNEF: United Nations Emergency Force
• UNEP: United Nations Environment Program
• UNESCO: United Nations Educational, Scientific And Cultural Organization
• UNFCCC: United nation framework convention on climate change
• UNFPO: United Nations Fund For Population Activities
• UNHCR: United Nations High Commissioner For Refugees
• UNHRC: United Nations Human Rights Commission
• UNICEF: United Nations International Children’s (Emergency) Fund
• UNIDO: United Nations Industrial Development Organization
• UNRRA: United Nations Relief And Rehabilitation Administration
• VAT: Value-Added Tax
• VDIS: Voluntary Disclosure Of Income Scheme
• VRS: Voluntary Retirement Scheme
• WEF: World Economic Forum
• WFP: World Food Program
• WHO: World Health Organization
• WIPO: World Intellectual Property Organization

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