Thursday, 12 November 2020

Commonly Used Acronyms in Indian Banking, Polity, Science, Sports and Commerce (#CurrentAffairs)(#Acronyms)(#BankEntrance)

Commonly Used Acronyms in Indian Banking, Polity, Science, Sports and Commerce

Commonly Used Acronyms in Indian Banking, Polity, Science, Sports and Commerce (#CurrentAffairs)(#Acronyms)(#BankEntrance)


AERA : Airports Economic Regulatory Authority

AEZ : Agriculture Economic Zone

AIBE : All India Bar Examination

AIIB : Asian Infrastructure Investment Bank

AMRUT : Atal Mission For Rejuvenation and Urban transformation

ASHA : Accredited Social Health Activist


BCBS : Basel Committee for Banking Supervision

BHIM : Bharat Interface for Money

BIRD : Banking Institute of Rural Development

BMB : Bhartiya Mahila Bank

BRAI : Biotechnology Regulatory Authority of India

CAR : Capital Adequacy Ratio

CASA : Current Account and Saving Account

CAT : Competition Appellate Tribunal

CBS : Core Banking Solution

CPEC :  China-Pakistan Economic Corridor

CRAR : Capital to Risk Weighted Asset Ratio

CRIS : Comparative Rating. Index for Sovereigns

CGST : Central Goods & Service Tax

DARPAN : Digital Advancement of Rural Post offices for a new India

DBT : Direct Benefit Transfer

DICGC : Deposit Insurance and Credit Guarantee Corporation

DIPAM : Department of Investment and Public Asset Management

EBRD : European Bank for Reconstruction and Development

ECB : External Commercial Borrowings

EMI :  Equated Monthly Installment

FAME India : Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India

FCCB : Foreign Currency Convertible Bond

FEMA : Foreign Exchange Management Act

FICCI : Federation of Indian Chambers of Commerce and Industry

FIFA : Federation International of Football Association

FINE : Festival of Innovation and Entrepreneurship

FRP : Fair and Remunerative Price

GOAL : Going online as leaders

GAGAN : GPS Aided Geo Augmented Navigation

GRAIL : Gravity Recovery and Interior Laboratory

GSTN : Goods and Service Tax Network

GTA : Gorkha land Territorial Administration

GST : Goods & Service Tax

HRIDAY : Heritage City Development and Augmentation

ICAS : Indian Court of Arbitration for Sports

ICWF : Indian Community Welfare Fund

IDF : Infrastructure Debt Fund

IFSC : Indian Financial System Code

IGMDP : Integrated Guided Missile Development Program

IIBF : Indian Institute of Banking and Finance

IICA : Indian Institute of Corporate Affairs.

TF : India Inclusive Innovation Fund

IMEI : International Mobile Equipment Identity

IMPS : Inter-bank Mobile Payment Service

INDU : Indian National Defence University

IPO : Initial Public Offering

IRNSS : Indian Regional Navigational Satellite System

IRRC : India Rapid Reaction Cell

ISIS : Islamic State in Iraq and Al-sham/Syria

ITES : Integrated Train Enquiry System

IGST : Integrated Goods & Service Tax

JNNURM : Jawaharlal Nehru National Urban Renewal Mission

MERA : Malaria Elimination Research Alliance

MICR :  Magnetic Ink Character Recognition

MNREGA :  Mahatama Gandhi National Rual Employment Gaurantee Act

MGSVY : Mahatma Gandhi Sarvat Vikas Yojana.

MUDRA : Micro Units Developments and Refinance Agency

NIIF : National Investment and Infrastructure Fund

NEFT : National Electronic Funds Transfer

NITI : National Institution for Transforming India

NMCG : Nation Mission for Clean Ganga

NOTA : None of the Above

NEDS : North East Development Summit.

NFRA : National Finance Reporting Authority

NCRTC : National Capital Region Transport Corporation.

NRA : National Recruitment Agency

ODF : Open Defecation Free

OROP : One Rank One Pension

PLA : People's Liberation Army (Navy)

POS : Point of Sales

SAANS : Social Awareness and Action to Neutralise pneumonia Successfully

SWIFT : Society for Worldwide Interbank Financial Telecommunication

SGST : State Goods & Service Tax

TRAI : Telecom Regulatory Authority of India

UDAN :  Ude Desh ka Aam Naagrik

UDAY :  Ujwal DISCOM Assurance Yojana

UIDAI : Unique Identification Authority of India

UJALA :  Unnat Jyoti by Affordabie LEDs for All

USTTAD : Upgrading the Skills and Training in Traditional Arts/Crafts for Development

VAT : Value Added Tax


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