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IBPS Bank Examinations Tips on Banking Awareness e-book Part: 001 ABBREVIATIONS Prepared by: A. Gauri Sankar, Chennai 600042 [email protected] 1 IBPS bank examinations – banking awareness – abbreviations – prepared by A. Gauri [email protected]

IBPS Bank examinations - Tips on banking awareness - Abbreviations

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Public sector banks in India are in the process of recruiting clerks and officers in large number at present and for this purpose common written examinations are conducted by IBPS for clerks/officers/specialist officers and the candidates are in a position to update their knowledge on banking/economics/capital market and insurance and in this book exclusively meant of providing tips on banking awareness, more than 600 abbreviations have been provided for the use of candidates appearing for examinations in a comfortable manner

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Page 1: IBPS Bank examinations - Tips on banking awareness - Abbreviations

IBPS Bank Examinations

Tips on Banking Awareness

e-book

Part: 001

ABBREVIATIONS

Prepared by:

A. Gauri Sankar, Chennai 600042

[email protected]

PART:001

1 IBPS bank examinations – banking awareness – abbreviations – prepared by A. Gauri [email protected]

Page 2: IBPS Bank examinations - Tips on banking awareness - Abbreviations

01 ISCI INTERNATIONAL STANDARD INDUSTRIAL CLASSIFICATION02 KCC KISAN CREDIT CARD03 KVIC KHADI AND VILLAGE INDUSTRIES CORPORATION04 KYC KNOW YOUR CUSTOMER 05 LAMPS LARGE SIZED ADIVASI MULTIPURPOSE SOCIETIES06 LERMS LIBERALISED EXCHANGE RATE MANAGEMENT SYSTEM07 LIC LIFE INSURANCE CORPORATION OF INDIA08 MCA MINISTRY OF COMPANY AFFAIRS09 MIS MANAGEMENT INFORMATION SYSTEM10 MICR MAGNETIC INK CHARACTER RECOGNITION11 NABARD NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 12 NBFC NON BANKING FINANCIAL COMPANIES13 NEFT NATIONAL ELECTRONIC FUNDS TRANSFER14 NPA NON PERFORMANCE ASSETS15 NRE NON RESIDENT EXTERNAL16 OLTAS ONLINE TAX ACCOUNTING SYSTEM17 OMO OPEN MARKET OPERATIONS18 PACS PRIMARY AGRIUCLTURE CREDIT SOCIETIES 19 PDO PUBLIC DEBT OFFICE20 PIN PERSONAL IDENTIFICATION NUMBER21 QIB QUALIFIED INSTITUTIONAL BUYERS22 RBI RESERVE BANK OF INDIA23 RDBMS RELATIONAL DATABASE MANAGEMENT SYSTEM24 REC RURAL ELECTFICATION CORPORATION25 RFC RESIDENT FOREIGN CURRENCY26 RIDF RURAL INFRASTRUCRTURE DEVELOPMENT FUND27 RRB REGIONAL RURAL BANK28 RTGS REAL TIME GROSS SETTLEMENT29 RWA RISK WEIGHTED ASSETS30 SBI STATE BANK OF INDIA31 SCB SCHEDULED COMMERCIAL BANK32 SDR SPECIAL DRAWING RIGHTS33 SEBI SECURITIES AND EXCHANGE BOARD OF INDIA34 SFMS STRUCTURED FINANCIAL MESSAGING SERVICES35 SHG SELF HELP GROUP36 SIDBI SMALL INDUSTRIAL DEVELOPMENT BANK OF INDIA37 SIDC STATE INDUSTRIAL DEVELOPMENT CORPORATION38 SJSRY SWARNA JAYANTHI SHAHARI ROZGAR YOJANA39 SLR STATUTORY LIQUIDITY RATIO40 SLRS SCHEME FOR LIBERATION AND REHABILITATION OF SCAVANGERS41 SMERA SME RATING AGENCY OF INDIA LIMITED42 SSI SMALL SCALE INDUSTRIES 43 SME SMALL AND MEDIUM ENTERPRISES44 SSSBE SMALL SCALE SERVICE AND BUSINESS ENTERPRISES45 UTI UNIT TRUST OF INDIA46 WPI WHOLESALE PRICE INDEX47 YTM YIELD TO MATURITY48 LAB LOCAL AREA BANKS49 NSC NATIONAL SAVINGS CERTIFICATE50 NABARD NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT

PART:00201 ALM ASSET LIABILITY MANAGEMENT02 ANBC ADJUSTED NET BANK CREDIT

2 IBPS bank examinations – banking awareness – abbreviations – prepared by A. Gauri [email protected]

Page 3: IBPS Bank examinations - Tips on banking awareness - Abbreviations

03 ASBA APPLICATIONS SUPPORTED BY BLOCKED AMOUNT04 BOE BILL OF EXCHANGE05 CASA CURRENT AND SAVINGS ACCOUNT06 CBLO COLLATERALISED BANK LENDING OBLIGATIONS07 CIBIL CREDIT INFORMATION BUREAU OF INDIA LIMITED08 DPG DEFERRED PAYMENT GUARANTEE09 DPN DEMAND PROMISSORY NOTE10 DRAT DEBT RECOVERY APPELLATE TRIBUNAL 11 DRI DIFFERENTIAL RATE OF INTEREST12 DSCR DEBT SERVICE COVERAGE RATIO13 EDI ELECTRONIC DATA INTERCHANGE14 EMI EQUATED MONTHLY INSTALMENTS15 EPS EARNINGS PER SHARE16 CAC CAPITAL ACCOUNT CONVERTIBILITY17 NDS NEGOTIATED DEALING SYSTEMS18 ESOP EMPLOYEE STOCK OPTION SCHEME 19 FEDAI FOREIGN EXCHANGE DEALERS ASSOCIATION OF INDIA20 FFMC FULL FLEDGED MONEY CHANGERS21 FOB FREE ON BOARD22 LIBOR LONDON INTER BANK OPERATIONS RATE23 MIBOR MUMBAI INTER BANK OPERATIONS RATE24 MOU MEMORANDUM OF UNDERSTANDING25 MCA MINISTRY OF COMPANY AFFAIRS26 NPV NET PRESENT VALUE27 OCB OVERSEAS COMMERCIAL BORROWINGS28 POA POWER OF ATTORNEY29 RKBY RASHTRIYA KRISHI BIMA YOJANA30 SEBI SECURITIES AND EXCHANGE BOARD OF INDIA31 LAF LIQUIDITY ADJUSTMENT FACILITY32 IDBI INDUSTRIAL DEVELOPMENT BANK OF INDIA33 BCSBI BANKING CODES AND STANDARDS BOARD OF INDIA34 IRDA INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY35 DICGC DEPOSIT INSURANCE AND CREDIT GUARANTEE CORPORATION36 SPV SPECIAL PURPOSE VEHICLE37 CRISIL CREDIT RATING INFORMATION SERVICES OF INDIA LIMITED38 ICRA INVESTMENT INFORMATION AND CREDIT RATING AGENCY OF INDIA LIMITED39 CARE CREDIT ANALYSIS AND RESEARCH LIMITED40 MCX MULTI COMMODITY STOCK EXCHANGE41 CCIL CLEARING CORPORATION OF INDIA LIMITED42 OTCEI OVER THE COUNTER EXCHANGE OF INDIA43 EFT ELECTRONIC FUNDS TRANSFER44 ARF ASSET RECONSTRUCTION FUND45 MSS MARKET STABILISATION SCHEME46 CRAR CAPITAL TO RISK WEIGHTED ASSETS RATIO47 FSDC FINANCIAL STABILITY AND DEVELOPMENT COUNCIL48 SCARDB STATE COOPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANKS49 LERMS LIBERALISED EXCHANGE RATE MANAGEMENT SYSTEMS50 BOT BALANCE OF TRADE

PART:00301 ECGC EXPORT CREDIT GUARANTEE CORPORATION02 DICGC DEPOSIT INSURANCE AND CREDIT GUARANTEE CORPORATION03 NABARD NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT04 RRB REGIONAL RURAL BANK

3 IBPS bank examinations – banking awareness – abbreviations – prepared by A. Gauri [email protected]

Page 4: IBPS Bank examinations - Tips on banking awareness - Abbreviations

05 LAB LOCAL AREA BANKS06 BSE BOMBAY STOCK EXCHANGE07 NSE NATIONAL STOCK EXCHANGE08 IRDA INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY09 IRBI INDUSTRIAL RECONSTRUCTION BANK OF INDIA10 MICR MAGNETIC INK CHARACTER RECOGNITION11 LERMS LIBERALISED EXCHANGE RATE MANAGEMENT SYSTEM12 CAC CAPITAL ACCOUNT CONVERTIBILITY13 FSDC FINANCIAL STABILITY AND DEVELOPMENT COUNCIL14 LAF LIQUIDITY ADJUSTMENT FACILITY15 KCC KISAN CREDIT CARD16 EBT ELECTRONIC BENEFIT TRANSFER17 SCARDB STATE COOPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK18 RIDF RURAL INFRASTRUCTURE DEVELOPMENT FUND19 REDP RURAL ENTREPRENEURSHIP DEVELOPMENT PROJECT20 IFCI INDUSTRIAL FINANCE CORPORATION OF INDIA21 CRAR CAPITAL TO RISK WEIGHTED ASSETS RATIO22 ARWIND ASSISTANCE TO RURAL WOMEN IN NON FARM DEVELOPMENT23 MAHIMA MARKETING OF NON FARM PRODUCTS OF RURAL WOMEN24 DEWTA DEVELOPMENT OF WOMEN THROUGH AREA PROGRAM25 RNBC RESIDUARY NON BANKING COMPANY26 TDICI TECHNOLOGY DEVELOPMNT AND INFORMATION COMPANY OF INDIA LIMITED27 VCF VENTURE CAPITAL FUND28 RTGS REAL TIME GROSS SETTLEMENT29 SEBI SECURITIES AND EXCHANGE BOARD OF INDIA30 SBI STATE BANK OF INDIA31 EEFC EXCHANGE EARNERS FOREIGN CURRENCY32 FCNR FOREIGN CURRENCY NON RESIDENT 33 RFC RESIDENT FOREIGN CURRENCY34 MCX MULTI COMMODITY STOCK EXCHANGE35 RKBY RASHTRIYA KRISHI BIMA YOJANA36 BCSBI BANKING CODES AND STANDARDS BOARD OF INDIA37 FEDAI FOREIGN EXCHANGE DEALERS ASSOCIATION OF INDIA38 FFMC FULL FLEDGED MONEY CHANGERS39 ESOP EMPLOYEE STOCK OPTION PLAN40 MOU MEMORANDUM OF UNDERSTANDING41 DSCR DEBT SERVICE COVERAGE RATIO42 SIDBI SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA43 SME SMALL AND MEDIUM ENTERPRISES44 SSSBE SMALL SCALE SERVICE AND BUSINESS ENTERPRISES 45 SPV SPECIAL PURPOSE VEHICLE46 PDO PUBLIC DEBT OFFICE47 OLTAS ONLINE TAX ACCOUNTING SYSTEM 48 ECB EXTERNAL COMMERCIAL BORROWINGS49 BIFR BANK FOR INDUSTRIAL AND FINANCIAL RECONSTRUCTION50 EXIM EXPORT AND IMPORT BANK OF INDIA

PART:00401 ABCI ASSOCIATION OF BUSINESS COMMUNICATION OF INDIA02 ACU ASIAN CLEARING UNION03 ADB ASIAN DEVELOPMENT BANK04 ALM ASSET LIABILITY MANAGEMENT05 AMFI ASSOCIATION OF MUTUAL FUNDS IN INDIA

4 IBPS bank examinations – banking awareness – abbreviations – prepared by A. Gauri [email protected]

Page 5: IBPS Bank examinations - Tips on banking awareness - Abbreviations

06 AML ANTI MONEY LAUNDERING07 BCBS BASEL COMMITTEE FOR BANKING SUPERVISION08 BFS BOARD FOR FINANCIAL SUPERVISION09 BFSI BANKING FINANCIAL SERVICES AND INSURANCE10 BPLR BENCHMARK PRIME LENDING RATE11 BSR BASIC STATISTICAL RETURN12 CBLO COLLATERIALISED BORROWING AND LENDING OBLIGATION13 CBS CONSOLIDATED BANKING STATISTICS14 CBS CORE BANKING SOLUTION15 CDR CORPORATE DEBT RESTRUCTURING16 CPC CHEQUE PROCESSING CENTRE17 CRAR CAPITAL TO RISK WEIGHTED ASSETS RATIO18 CSO CENTRAL STATISTICAL ORGANISATION19 CTR CASH TRANSACTION REPORT20 DRT DEBT RECOVERY TRIBUNAL21 ECB EXTERNAL COMMERCIAL BORROWINGS22 EOU EXPORT ORIENTED UNIT23 FBT FRINGE BENEFIT TAX24 FIEO FEDERATION OF INDIAN EXPORT ORGANISATION25 FLCC FINACIAL LITERACY AND CREDIT COUNSELLING CENTRE26 FMD FINANCIAL MARKETS DEPARTMENT27 FRBM FINANCIAL RESPONSIBILITY AND BUDGET MANAGEMENT28 IDRBT INSTITUTE FOR DEVELOPMENT AND RESEARCH IN BANKING TECHNOLOGY29 IIBM INDIAN INSTITUTE OF BANK MANAGEMENT30 IIFCL INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED31 IMF INTERNATIONAL MONETARY FUND32 IPO INITIAL PUBLIC OFFER33 IRDA INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY34 ISO INTERNATIONAL ORGANISATION FOR STANDARDISATION35 MBS MORTGAGE BACKED SECURITIES36 MMMF MONEY MARKET MUTUAL FUND37 MMS MULTIMODEL SETTLEMENTS38 MODAVAT MODIFIED VALUE ADDED TAX39 MSME MICRO SMALL AND MEDIUM ENTERPRISES40 MSS MARKET STABILISATION SCHEME41 NAV NET ASSET VALUE42 NEFT NATIONAL ELECTRONIC FUNDS TRANSFER43 NIBM NATIONAL INSTITUTE OF BANK MANAGEMENT44 NOC NO OBJECTION CERTIFICATE45 NPA NON PERFORMING ASSETS46 OECD ORGANISATION FOR ECONOMIC COOPERATION AND DEVELOPMENT47 OMO OPEN MARKET OPERATIONS48 OPEC ORGANISATION OF PETROLEUM EXPORTING COUNTRIES49 OTC OVER THE COUNTER50 PAN PERMANENT ACCOUNT NUMBER

PART:005

01 CRISIL CREDIT RATING INFORMATION SERVICES OF INDIA LIMITED02 ICRA INVESTMENT INFORMATION AND CREDIT RATING AGENCY OF INDIA LIMITED03 CARE CREDIT ANALYSIS AND RESEARCH LIMITED04 CCIL CLEARING CORPORATION OF INDIA LIMITED05 HSBC HONGKONG AND SHANKAI BANKING CORPORATION06 ITO INFORMATION TECHNOLOGY OUTSOURCING07 BPO BUSINESS PROCESS OUTSOURCING08 POS POINT OF SALES

5 IBPS bank examinations – banking awareness – abbreviations – prepared by A. Gauri [email protected]

Page 6: IBPS Bank examinations - Tips on banking awareness - Abbreviations

09 NIBM NATIONAL INSTITUTE OF BANK MANAGEMENT10 BOT BALANCE OF TRADE11 NDS NEGOTIATED DEALING SYSTEMS12 CCC CREDIT COUNSELLING CENTRE13 FSDC FINANCIAL STABILITY AND DEVELOPMENT COUNCIL14 MFI MICRO FINANCE INSTITUTIONS15 PUCB PRIMARY URBAN COOPEATIVE BANK16 PACS PRIMARY AGRICULTURE CREDIT SOCIETIES17 DCCB DISTRICT CENTRAL COOPERATIVE BANKS18 LDB LAND DEVELOPMENT BANKS19 SCARDB STATE COOPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK20 DRT DEBT RECOVERY TRIBUNAL21 CRAFICARD COMMITTEE TO REVIEW ARRANGEMENTS FOR INSTITUTIONAL CREDIT FOR

AGRICULTURE AND RURAL DEVELOPMENT22 STCCS SHORT TERM RURAL COOPERATIVE CREDIT STRUCTURE23 BAIF BHARATHIYA AGRO INDUSTRIES FOUNDATION24 NBFI NON BANKING FINANCIAL INSTITUTION25 MBFC MUTUAL BENEFIT FINANCIAL COMPANY26 MBC MUTUAL BENEFIT COMPANY27 MNBC MISCELLANEOUS NON BANKING COMPANY28 TDICI TECHNOLOGY DEVELOPMENT AND INFORMATION COMPANY OF INDIA LIMITED29 CFC CREDIT CAPITAL FINANCE CORPORATION30 VCF VENTURE CAPITAL FUND31 RCTFC RISK CAPITAL AND TECHNOLOGY FINANCE CORPORATION LIMITED32 APVCL ANDHRA PRADESH VENTURE CAPITAL LIMITED33 APSFC ANDHRA PRADESH STATE FINANCE CORPORATION34 GVCFL GUJARAT VENTURE FINANCE COMPANY LIMITED35 GIIC GUJARAT INDUSTRIAL INVESTMENT CORPORATION 36 IPO INITIAL PUBLIC OFFER37 PMAC PRIMARY MARKET ADVISORY COMMITTEE38 SMAC SECONDARY MARKET ADVISORY COMMITTEE39 SCODA SEBI COMMITTEE ON DISCLOSURES AND ACCOUNTING STANDARDS40 YTM YIELD TO MATURITY41 AMC ASSET MANAGEMENT COMPANY42 MPLADS MEMBER OF PARLIAMENT LOCAL AREA DEVELOPMENT SCHEME43 CEPA COMPREHENSIVE ECONOMIC PARNERSHIP AGREEMENT44 MPSEZL MUNDRA PORT AND SPECIAL ECONOMIC ZONE LIMITED45 APCT ABBOT POINT COAL TERMINAL46 SEFT SPECIAL ELECTRONIC FUND TRANSFER SCHEME47 NATGRID NATIONAL INTELLIGENCE GRID48 CCI COMPETITION COMMISSION OF INDIA49 FICCI FEDERATION OF INDIAN CHAMBERS OF COMMERCE AND INDUSTRIES 50 FDMA FREQUENCY DIVISION MULTIPLE ACCESS

PART:006

1 VSAT VERY SMALL APERTURE TERMINAL02 ERNET EDUCATIONAL AND RESEARCH NETWORK03 OMO OPEN MARKET OPERATIONS04 SARFAESI SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF

SECURITY INTEREST ACT05 CERSAI CENTRAL REGISTRY OF SECURITISATION ASSET RECONSTRUCTION AND SECURITY

INTEREST OF INDIA 06 CTS CHEQUE TRUNCATION SYSTEM07 RGESS RAJIV GANDHI EQUITY SAVINGS SCHEME

6 IBPS bank examinations – banking awareness – abbreviations – prepared by A. Gauri [email protected]

Page 7: IBPS Bank examinations - Tips on banking awareness - Abbreviations

08 ARC ASSET RECONSTRUCTION COMPANY09 UIDAI UNIQUE IDENTIFICATION AUTHORITY OF INDIA 10 FII FOREIGN INSTITUTIONAL INVESTORS11 NIB NATIONAL INVESTMENT BOARD12 CCEA CABINET COMMITTEE ON ECONOMIC AFFAIRS13 PIL PUBLIC INTEREST LITIGATION14 FIU FINANCIAL INTELLIGENCE UNIT15 PMLA PREVENTION OF MONEY LAUNDERING ACT16 CSR CORPORATE SOCIAL RESPONSIBILITY17 CPSE CENTRAL PUBLIC SECTOR ENTERPRISES18 STR SUSPICIOUS TRANSACTION REPORT19 CTR CASH TRANSACTION REPORT20 UNSCR UNITED NATIONS’ SECURITY COUNCIL RESOLUTIONS21 PEPS POLITICALLY EXPOSED PERSONS22 FATF FINANCIAL ACTION TASK FORCE23 NREG NATIONAL RURAL EMPLOYMENT GUARANTEE 24 DGFT DIRECTOR GENERAL OF FOREIGN TRADE25 AMLO ANTI MONEY LAUNDERING OFFICER26 NPO NON PROFIT ORGANISATION27 NPS NATIONAL PENSION SYSTEM28 FIP FINANCIAL INCLUSION PLAN29 CCR COUNTERFEIT CURRENCY REPORT30 UNSCR UNITED NATIONS SECURITY COUNCIL RESOLUTIONS31 CDD CUSTOMER DUE DILIGENCE32 IEC IMPORTER EXPORTER CODE33 MLRO MONEY LAUNDERING REPORTING OFFICER34 FII FOREIGN INSTITUTIONAL INVESTORS35 DWCRA DEVELOPMENT OF WOMEN AND CHILDREN IN RURAL AREAS36 FIP FINANCIAL INCLUSION PLAN37 NPS NATIONAL PENSION SYSTEM 38 PRAN PERMANENT RETIREMENT ACCOUNT NUMBER39 PFRDA PENSION FUND REGULATORY DEVELOPMENT AUTHORITY40 CSP CUSTOMER SERVICE PROVIDERS41 IBPC INTER BANK PARTICIPATION CERTIFICATE42 NMDFC NATIONAL MINORITIES DEVELOPMENT AND FINANCE CORPORATION43 KMCC KISAN MITRA CREDIT CARD44 JLG JOINT LIABILITY GROUP45 MCG MICRO CREDIT GROUP46 CSC COMMON SERVICE CENTRE47 CSP COMMON SERVICE PROVIDER48 NFDB NATIONAL FISHERIES DEVELOPMENT BOARD49 ACABC AGRICLINICS AND AGRIBUSINESS CENTRE50 PMEGP PRIME MINISTERS EMPLOYMENT GENERATION PROGRAMME

PART:007

1 PSL PRIORITY SECTOR LENDING02 NBFC NON BANKING FINANCE COMPANIES03 WPI WHOLESALE PRICE INDEX04 CPI CONSUMER PRICE INDEX

05 LAF LIQUIDITY ADJUSTMENT FACILITY

06 NDTL NET DEMAND AND TIME LIABILITIES07 UCB URBAN COOPERATIVE BANK08 ECS ELECTRONIC CLEARING SERVICE09 FSLRC FINANCIAL SECTOR LEGISLATIVE REFORMS COMMISSION

7 IBPS bank examinations – banking awareness – abbreviations – prepared by A. Gauri [email protected]

Page 8: IBPS Bank examinations - Tips on banking awareness - Abbreviations

10 UCIC UNIQUE CUSTOMER IDENTIFICATION CODE11 AML ANTI MONEY LAUNDERING12 CFT COMBATTING OF FINANCIAL TERRORISM13 SME SMALL AND MEDIUM ENTERPRISES14 CDR CORPORATE DEBT RESTRUCTURING15 CDS CREDIT DEFAULT SWAPS16 IRS INTEREST RATE SWAPS17 QE3 QUANTITATIVE EASING18 FII FOREIGN INSTITUTIONAL INVESTORS19 RRB REGIONAL RURAL BANKS20 PDO PUBLIC DEBT OFFICE21 PDC POST DATED CHEQUES22 MSE MICRO AND SMALL ENTERPRISES23 DCCO DATE OF COMMENCEMENT OF COMMERCIAL OPERATIONS24 CRAR CAPITAL TO RISK WEIGHTED ASSETS RATIO25 IBL INTER BANK LIABILITY 26 GDS GOLD DEPOSIT SCHEME27 CAD CURRENT ACCOUNT DEFICIT28 ECB EUROPEAN CENTRAL BANK29 MFIN MICRO FINANCE INSTITUTIONS NETWORK30 IRDA INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY31 CRMPG COUNTERPARTY RISK MANAGEMENT POLICY GROUP32 HTM HELD TO MATURITY33 SLR STATUTORY LIQUIDITY RATIO34 BC BUSINESS CORRESPONDENTS35 BF BUSINESS FACILITATORS36 DSA DIRECT SELLING AGENTS37 DMA DIRECT MARKETING AGENTS38 DRA DEBT RECOVERY AGENTS39 ELA EMERGENCY LIQUIDITY ASSISTANCE40 BOP BALANCE OF PAYMENTS41 APBS AADHAAR PAYMENT BRIDGE SYSTEM42 FDI FOREIGN DIRECT INVESTMENT43 M3 MONEY SUPPLY44 MSF MARGINAL STANDING FACILITY45 FFA FORWARD FREIGHT AGREEMENTS46 AD AUTHORISED DEALER47 BIS BANK FOR INTERNATIONAL SETTLEMENTS48 BR ACT BANKING REGULATION ACT49 MCX MULTI COMMODITY EXCHANGE50 PSB PUBLIC SECTOR BANK

PART:008

1 ABCI ASSOCIATION OF BUSINESS COMMUNICATION OF INDIA02 ABCP ASSET BACKED COMMERCIAL PAPER03 ACU ASIAN CLEARING UNION04 ADB ASIAN DEVELOPMENT BANK05 ADR AMERICAN DEPOSITORY RECEIPT06 AFI ANNUAL FINANCIAL INSPECTION07 AIFI ALL INDIAN FINANCIAL INSTITUTION08 ALM ASSET LIABILITY MANAGEMENT 09 AMFI ASSOCIATION OF MUTUAL FUNDS IN INDIA10 AML ANTI MONEY LAUNDERING11 ANBC ADJUSTED NET BANK CREDIT12 APS ANNUAL POLICY STATEMENT

8 IBPS bank examinations – banking awareness – abbreviations – prepared by A. Gauri [email protected]

Page 9: IBPS Bank examinations - Tips on banking awareness - Abbreviations

13 ATM AUTOMATED TELLER MACHINES14 BCBS BASEL COMMITTEE ON BANKING SUPERVISION15 BCSBI BANKING CODES AND STANDARDS BOARD OF INDIA 16 BFS BOARD FOR FINANCIAL SUPERVISION17 BFSI BANKING FINANCIAL SERVICES AND INSURANCE18 BIS BANK FOR INTERNATIONAL SETTLEMENTS19 BOP BALANCE OF PAYMENTS 20 BPLR BENCHMARK PRIME LENDING RATE 21 BSE BOMBAY STOCK EXCHANGE 22 BSR BASIC STATISTICAL RETURN23 CBDT CENTRAL BOARD OF DIRECT TAXES24 CBLO COLLATERIALISED BANK LENDING OBLIGATIONS25 CBS CORE BANKING SOLUTION26 CCIL CLEARING CORPORATION OF INDIA LIMITED27 CCR COUNTERFEIT CURRENCY REPORT28 CCRS CURRENCY CHEST REPORTING SYSTEM29 CDR CORPORATE DEBT RESTRUCTURING30 CDS CREDIT DEFAULT SWAP31 CENVAT CENTRALISED VALUE ADDED TAX32 CFMS CENTRALISED FUNDS MANAGEMENT SYSTEM33 CGFTMSE CREDIT GUARANTEE FUND TRUST FOR MICRO AND SMALL ENTERPRISES34 CMIS CURRENCY MANAGEMENT INFORMATION SYSTEM35 CPADS CENTRALISED PUBLIC ACCOUNTS DEPARTMENT SYSTEM36 CPC CHEQUE PROCESSING CENTRE37 CPDO CENTRALISED PUBLIC DEBT OFFICE 38 CPI CONSUMER PRICE INDEX39 CRAR CAPITAL TO RISK WEIGHTED ASSETS RATIO40 CRR CASH RESERVE RATIO41 CSO CENTRAL STATISTICAL ORGANISATION42 CTR CASH TRANSACTION REPORT43 CVPS CURRENCY VERIFICATION AND PROCESSING SYSTEM44 DICGC DEPOSIT INSURANCE AND CREDIT GUARANTEE CORPORATION45 DRI DIFFERENTIAL RATE OF INTEREST46 DRT DEBT RECOVERY TRIBUNAL47 EBT ELECTRONIC BENEFIT TRANSFER48 ECB EXTERNAL COMMERCIAL BORROWINGS49 ECS ELECTRONIC CLEARING SERVICE 50 EFT ELECTRONIC FUNDS TRANSFER

PART: 0091 EOU EXPORT ORIENTED UNIT

02 ESOS EMPLOYEES STOCK OPTION SCHEME03 FBT FRINGE BENEFIT TAX04 FDI FOREIGN DIRECT INVESTMENT

05 FEDAI FOREIGN EXCHANGE DEALERS ASSOCIATION OF INDIA

06 FLCCS FINANCIAL LITERACY AND CREDIT COUNSELLING CENTRES07 FMD FINANCIAL MARKETS DEPARTMENT08 FRBM FISCAL RESPONSIBILITY AND BUSINESS MANAGEMENT09 FRB FLOATING RATE BONDS10 FSB FINANCIAL STABILITY BOARD11 GDP GROSS DOMESTIC PRODUCT12 FATF FINANCIAL ACTION TASK FORCE13 GDR GLOBAL DEPOSITORY RECEIPT14 GFD GROSS FISCAL DEFICIT

9 IBPS bank examinations – banking awareness – abbreviations – prepared by A. Gauri [email protected]

Page 10: IBPS Bank examinations - Tips on banking awareness - Abbreviations

15 GFSR GROSS FINANCIAL STABILITY REPORT16 GSDP GROSS STATE DOMESTIC PRODUCT17 IAS INTEGRATED ACCOUNTING SYSTEM18 IBA INDIAN BANKS ASSOCIATION19 ICAI INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA 20 IDR INDIAN DEPOSITORY RECEIPT21 IDRBT INSTITUTE FOR DEVELOPMENT AND RESEARCH IN BANKING TECHNOLOGY22 IIFCL INDIAN INFRASTRUCTURE FINANCE COMPANY LIMITED 23 IIFT INDIAN INSTITUTE OF FOREIGN TRADE24 IMF INTERNATIONAL MONETARY FUND25 IMFC INTERNATIONAL MONETARY AND FINANCIAL COMMITTEE26 IPO INITIAL PUBLIC OFFER27 ISO INTERNATIONAL ORGANISATION FOR STANDARDISATION28 KCC KISAN CREDIT CARD29 MCA MINISTRY OF CORPORATE AFFAIRS30 MBS MORTGAGE BACKED SECURITIES31 MMMF MONEY MARKET MUTUAL FUNDS 32 MSOE MINIMUM STANDARDS OF OPERATIONAL EFFICIENCY33 MSP MINIMUM SUPPORT PRICE 34 MSS MARKET STABILISATION SCHEME35 NAV NET ASSET VALUE36 NOC NO OBJECTION CERTIFICATE 37 NPA NON PERFORMING ASSETS38 NPS NEW PENSION SCHEME 39 NSE NATIONAL STOCK EXCHANGE 40 NSM NOTE SORTING MACHINE41 OECD ORGANISATION FOR ECONOMIC COOPERATION AND DEVELOPMENT42 OMO OPEN MARKET OPERATIONS43 OPEC ORGANISATION FOR PETROLEUM EXPORTING COUNTRIES44 OTC OVER THE COUNTER45 PDO PUBLIC DEBT OFFICE46 PFRDA PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY47 PMLA PREVENTION OF MONEY LAUNDERING ACT48 PSB PUBLIC SECTOR BANKS49 PSU PUBLIC SECTOR UNDERTAKING50 RBIA RISK BASED INTERNATIONAL AUDIT

PART:010

01 REER REAL EFFECT EXCHANGE RATE02 RIDF RURAL INFRASCTUCTURE DEVELOPMENT FUND03 RKVY RASHTRIYA KRISHI VIKAS YOJANA04 ROA RETURN ON ASSETS05 ROE RETURN ON EQUITY06 RPCD RURAL PLANNING AND CREDIT DEPARTMENT07 RTGS REAL TIME GROSS SETTLEMENT 08 SDR SPECIAL DRAWING RIGHTS 09 SEBI SECURITIES AND EXCHANGE BOARD OF INDIA 10 SEZ SPECIAL ECONOMIC ZONE11 SFMS STRUCTURED FINANCIAL MESSAGING SERVICES12 SHG SELF HELP GROUP13 SLR STATUTORY LIQUIDITY RATIO14 SPV SPECIAL PURPOSE VEHICLE15 SREP SUPERVISORY REVIEW AND EVALUATION PROCESS

10 IBPS bank examinations – banking awareness – abbreviations – prepared by A. Gauri [email protected]

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16 STCRC SHORT TERM COOPERATIVE RURAL CREDIT17 STR SUSPICIOUS TRANSACTION REPORT18 STRIPS SEPARATE TRADING FOR REGISTERED INTEREST AND PRINCIPAL OF SECURITIES 19 TIN TAX INFORMATION NETWORK20 UCB URBAN COOPERATIVE BANKS21 UCN UNIFORM CODE NUMBER22 VAR VALUE AT RISK23 VAT VALUE ADDED TAX24 VPN VIRTUAL PAYMENT NETWORK25 WEO WORLD ECONOMIC OUTLOOK26 WPI WHOLESALE PRICE INDEX27 WSS WEEKLY STATISTICAL SUPPLEMENT28 WTO WORLD TRADE ORGANISATION29 YTM YIELD TO MATURITY30 HECM HOME EQUITY CONVERSION MORTGAGE31 GNP GROSS NATIONAL PRODUCT32 NNP NET NATIONAL PRODUCT33 GDP GROSS DOMESTIC PRODUCT34 NSSO NATIONAL SAMPLE SURVEY ORGANISATION35 PDI PERSONAL DISPOSABLE INCOME36 NDC NATIONAL DEVELOPMENT COUNCIL37 SSA SARVA SHIKSHA ABHIYAN38 NRHM NATIONAL RURAL HEALTH MISSION39 ICDS INTEGRATED CHILD DEVELOPMENT SCHEME40 MDM MID DAY MEAL41 NRDWP NATIONAL RURAL DRINKING WATER PROGRAMME42 TSP TOTAL SANITATION PROGRAMME43 NSAP NATIONAL SOCIAL ASSISTANCE PROGRAMME44 MGNREGA MAHATMA GANDHI NATIONAL RURAL EMPLOYMENT GUARANTEE ACT45 RGGVY RAJIV GANDHI GRAMIN VIDYUTIKARAN YOJANA46 SJSRY SWARNA JAYANTHI SHAHARI ROZGAR YOJANA47 SJGSY SWARNA JAYANTHI GRAM SWAROZGAR YOJANA48 PMGY PRADHAN MANTRI GRAMODAYA YOJANA49 SGRY SAMPOORNA GRAMEEN ROZGAR YOJANA50 NFRD NATIONAL FUND FOR RURAL DEVELOPMENT

PART: 01101 BCTT BANKING CASH TRANSACTION TAX02 BIS BUREAU OF INDIAN STANDARDS03 BHEL BHARAT HEAVY ELECTRICALS LIMITED04 CAPES COMPUTER AIDED PAPERLESS EXAMINATION SYSTEMS05 CHOGM COMMONWEALTH HEADS OF GOVERNMENT MEETING06 CISF CENTRAL INDUSTRIAL SECURITY FORCE07 CSIR COUNCIL OF SCIENTIFIC AND INDUSTRIAL RESEARCH08 DAVP DIRECTORATE OF ADVERTISING AND VISUAL PUBLICITY09 DRDO DEFENCE RESEARCH AND DEVELOPMENT ORGANISATION10 FDI FOREIGN DIRECT INVESTMENT11 FICCI FEDERATION OF INDIAN CHAMBERS OF COMMERCE AND INDUSTRY12 GAIL GAS AUTHORITY OF INDIA LIMITED13 GATT GENERAL AGREEMENT ON TARIFFS AND TRADE14 IBRD INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT15 ICAR INDIAN COUNCIL OF AGRICULTURAL RESEARCH16 IDPL INDIAN DRUGS AND PHARMACEUTICALS LIMITED17 MRTS MASS RAPID TRANSIT SYSTEM18 NCERT NATIONAL COUNCIL OF EDUCATION RESEARCH AND TRAINING19 UNCTAD UNITATED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT

11 IBPS bank examinations – banking awareness – abbreviations – prepared by A. Gauri [email protected]

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20 VSAT VERY SMALL APERTURE TERMINAL21 CSO CENTRAL STATISTICAL ORGANISATION22 NDC NATIONAL DEVELOPMENT COUNCIL23 LPG LIBERALISATION, PRIVATISATION, GLOBALISATION24 HDR HUMAN DEVELOPMENT REPORT25 SSA SARVA SHIKSHA ABHIYAN26 NRHM NATIONAL RURAL HEALTH MISSION27 ICDS INTEGRATED CHILD DEVELOPMENT SCHEME28 MDM MID DAY MEAL29 NRDWP NATIONAL RURAL DRINKING WATER PROGRAMME30 TSP TOTAL SANITATION PROGRAMME31 IAY INDIRA AWAS YOJANA32 JNNURM JAWAHARLAL NEHRU NATIONAL URBAN RENEWAL MISSION 33 UIDSSMT URBAN INFRASTRUCTURE DEVELOPMENT SCHEME FOR SMALL AND MEDIUM TOWNS34 TRYSEM TRAINING RURAL YOUTH FOR SELF EMPLOYMENT35 IRDP INTEGRATED RURAL DEVELOPMENT PROGRAMME36 NREP NATIONAL RURAL EMPLOYMENT PROGRAMME37 RLEGP RURAL LANDLESS EMPLOYMENT GUARNTEE PROGRAMME38 SCDRC STATE CONSUMER DISPUTES REDRESSAL COMMISSION39 JRY JAWAHAR ROZGAR YOJANA40 NRY NEHRU ROZGAR YOJANA41 SUWE SCHEME OF URBAN WAGE EMPLOYMENT 42 SGRY SAMPOORNA GRAMEEN ROZGAR YOJANA43 PMEGP PRIME MINISTERS EMPLOYMENT GENERATION PROGRAMME44 NFRD NATIONAL FUND FOR RURAL DEVELOPMENT45 CAPART COUNCIL FOR ADVANCEMENT OF PEOPLE’S ACTIONS AND RURAL TECHNOLOGY46 DRDA DISTRICT RURAL DEVELOPMENT AGENCY47 PMGSY PRADHAN MANTRI GRAM SADAK YOJANA48 DPAP DROUGHT PRONE AREAS PROGRAMME49 TSC TOTAL SANITATION CAMPAIGN 50 CDP COMMUNITY DEVELOPMENT PROGRAMME

PART: 01201 NFRD NATIONAL FUND FOR RURAL DEVELOPMENT 02 CAPART COUNCIL FOR ADVANCEMENT OF PEOPLE’S ACTIONS AND RURAL TECHNOLOGY03 DRDA DISTRICT RURAL DEVELOPMENT AGENCY04 PMGSY PRADHAN MANTRI GRAM SADAK YOJANA05 DPAP DROUGHT PRONE AREAS PROGRAMME06 TSC TOTAL SANITATION CAMPAIGN07 NGP NIRMAL GRAM PURASKAR08 DDP DESERT DEVELOPMENT PROGRAMME09 IWDP INTEGRATED WASTELAND DEVELOPMENT PROGRAMME10 VAAY VALMIKI AMBEDKAR AWAS YOJANA11 MPLADP MEMBER OF PARLIAMENT LOCAL AREA DEVELOPMENT PROGRAMME12 RAY RAJIV AWAS YOJANA13 DWCRA DEVELOPMENT OF WOMEN AND CHILDREN IN RURAL AREAS14 NMEW NATIONAL MISSION FOR EMPOWERMENT OF WOMEN 15 STEP SUPPORT TO TRAINING AND EMPLOYMENT PROGRAMME FOR WOMEN 16 IGMSY INDIRA GANDHI MATRIVA SAHYOG YOJANA17 KGBV KASTURBA GANDHI BALIKA VIDYALAYA18 IEDSS INCLUSIVE EDUCATION FOR THE DISSBLED AT SECONDARY STAGE19 RMSA RASHTRIYA MADHYAMIK SHIKSHA ABHIYAAN20 SUCCESS SCHEME FOR UNIVERSALISATION OF ACCESS FOR SECONDARY EDUCATION 21 PMSSY PRADHAN MANTRI SWASTHYA SURAKSHA YOJANA

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22 IADP INTENSIVE AGRICULTURAL DISTRICT PROGRAMME23 HYVP HIGH YIELDING VARIETY PROGRAMME24 IADP INTEGRATED AGRICULTURE DISTRICT PROGRAMME25 TPDS TARGETED PUBLIC DISTRIBUTION SYSTEM 26 CACP COMMISSION FOR AGRICULTURAL COST AND PRICES27 MSP MINIMUM SUPPORT PRICE28 MFPS MEGA FOOD PARK SCHEME29 CPSE CENTRAL PUBLIC SECTOR ENTERPRISES30 ONGC OIL AND NATURAL GAS COMMISSION31 SAIL STEEL AUTHORITY OF INDIA LIMITED32 NTPC NATIONAL THERMAL POWER CORPORATION 33 PBDIT PROFIT BEFORE DEPRECIATION, INTEREST AND TAXES34 GAIL GAS AUTHORITY OF INDIA LIMITED35 WGC WORLD GOLD COUNCIL36 NSSP NATIONAL SOCIAL SECURITY FUND37 NSSB NATIONAL SOCIAL SECURITY BOARD38 NIMZ NATIONAL INVESTMENT AND MANUFACTURING ZONE39 SEZ SPECIAL ECONOMIC ZONE40 IFCI INDUSTRIAL FINANCE CORPORATION OF INDIA41 SFC STATE FINANCE CORPORATION42 ICICI INDUSTRIAL CREDIT AND INVESTMENT CORPORATION43 IDBI INDUSTRIAL DEVELOPMENT BANK OF INDIA44 TFCI TOURISM FINANCE CORPORATION OF INDIA 45 JBY JANASHREE BIMA YOJANA46 AABY AAM AADMI BIMA YOJANA47 UHIS UNIVERSAL HEALTH INSURANCE SCHEME48 RSBY RASHTRIYA SWASTIYA BIMA YOJANA49 GIC GENERAL INSURANCE CORPORATION 50 NSDL NATIONAL SECURITIES DEPOSITORIES LIMITED

13 IBPS bank examinations – banking awareness – abbreviations – prepared by A. Gauri [email protected]