Friday, 28 October 2016

Banking Terms for Bank Exams

In general awareness section of IBPS exam, there are atleast 3-4 four questions asked from banking terminology. I have compiled the list of banking abbreviations for general awareness section of IBPS exams. Read and learn them thoroughly, atleast 2 question must be asked in IBPS PO and clerk exam.

  1. ADR - American Depository Receipt
  2. AGM - Annual General Meeting
  3. AIRCSC - All India Rural Credit Survey Committee
  4. AFS - Available For Sale
  5. AMFI- Association of Mutual Fund in India
  6. ASSOCHAM - Associated Chambers of Commerce and Industry of India
  7. ATM - Automated Teller Machine
  8. ALM- Asset Liability Management
  9. BSBDA - Basic Savings Bank Deposit Account
  10. BIS - Bank for International Settlements
  11. BoP - Balance of Payments
  12. CAD - Capital Account Deficit
  13. CAG - Controller and Auditor General of India
  14. CAMELS- Capital Adequacy, Asset Quality, Management, Earnings, Liquidity, Systems & Controls
  15. CBS- Consolidated Banking Statistics
  16. CEPA- Comprehensive Economic Partnership Agreement
  17. CC - Cash Credit
  18. CD - Certificate of Deposit
  19. CECA - Comprehensive Economic Cooperation Agreement
  20. CF - Company Finance
  21. CII - Confederation of Indian Industries
  22. CP - Commercial Paper
  23. CPI - Consumer Price Index
  24. CCEA – Cabinet Committee on Economic Affairs
  25. CR - Capital Receipts
  26. CRR - Cash Reserve Ratio
  27. CRAR- Capital to Risk-weighted Assets Ratio
  28. CSIR- Council of Scientific and Industrial Research
  29. CSO- Central Statistical Organisation
  30. CBS: Core Banking Solution
  31. DBOD - Department of Banking Operations and Development
  32. DBS - Department of Banking Supervision, RBI
  33. DCA - Department of Company Affairs
  34. DTC- Direct Tax Code
  35. DCCB- District Central Cooperative Bank
  36. DCM- Department of Currency Management, RB
  37. DTAA-  Double Taxation Avoidance Agreement
  38. DD- Demand Draft
  39. DEAF- Depositor Education and Awareness Fund
  40. DDS- Data Dissemination Standards
  41. DICGC- Deposit Insurance and Credit Guarantee Corporation of India
  42. EEFC- Exchange Earner's Foreign Currency
  43. ECGC- Export Credit and Guarantee Corporation
  44. ECS- Electronic Clearing Scheme
  45. EEA- Exchange Equalization Account
  46. EPF- Employees Provident Fund
  47. EEFC- Exchange Earner's Foreign Currency
  48. ECBs- External Commercial Borrowings
  49. FIPB- Foreign Investment Promotion board
  50. FDI- Foreign Direct Investment
  51. FSLRC- Financial Sector Legislative Reforms Commission
  52. FEMA- Foreign Exchange Management Act
  53. FII- Foreign Institutional Investor
  54. FRBMA- Fiscal Responsibility and Budget Management Act
  55. FTA- Free trade agreement
  56. FINO- Financial Inclusion Network Operation
  57. FCNR(B)- Foreign Currency Non-Resident Bank
  58. FEMA- Foreign Exchange Management Act
  59. EFSF- European Financial Stability Facility
  60. FICCI- Federation of Indian Chambers of Commerce and Industry
  61. FII- Foreign Institutional Investor
  62. FPI- Foreign Portfolio Investment
  63. FSLRC- Financial Sector Legislative Reforms Commission
  64. GDP- Gross Domestic Product
  65. GDR- Global Depository Receipt
  66. GFD - Gross Fiscal Deficit
  67. GIC - General Insurance Corporation
  68. GAAR - General anti avoidance rule
  69. GPD - Gross Primary Deficit
  70. GIRO - Government Internal Revenue Order
  71. HDFC - Housing Development Finance Corporation
  72. HFT - Held For Trading
  73. IBS - International Banking Statistics
  74. ICAR - Indian Council of Agricultural Research
  75. ICICI - Industrial Credit and Investment Corporation of India
  76. ICMR - Indian Council of Medical Research
  77. IDBI - Industrial Development Bank of India
  78. IFC - International Finance Corporation
  79. ITEs: Intra-Group Transactions and Exposures
  80. IFCI - Industrial Finance Corporation of India
  81. IIP - Index of Industrial Production
  82. IMF - International Monetary Fund
  83. IRBI - Industrial Reconstruction Bank of India
  84. ISDA - International Swaps and Derivative Association
  85. ISIC - International Standard Industrial Classification
  86. ISO - International Standards Organization
  87. LBS - Locational Banking Statistics
  88.  LIBOR: London Inter-Bank Offer Rate
  89. LERMS - Liberalised Exchange Rate Management System
  90. LIC - Life Insurance Corporation of India
  91. LCR: Liquidity Coverage Ratio
  92. LRMT: Liquidity risk monitoring tools
  93. LAF – Liquidity Adjustment Facility
  94. MCA - Ministry of Company Affairs
  95. MSF-Marginal Standing Facility
  96.  MIBOR: Mumbai Inter-Bank Offer Rate
  97. MIS - Management Information System
  98. MMSE - Minimum Mean Squared Errors
  99. NABARD - National Bank for Agriculture and Rural Development
  100. NASSCOM - National Association of Software and Services Companies
  101. NCTC - National Counter-Terrorism Centre
  102. NBFC-Non Banking Finance Companies
  103. NBC - Non-Banking Companies
  104. NEFT - National Electronic Funds Transfer
  105. NBFC - Non Banking Financial Companies
  106. NEER - Nominal Effective Exchange Rate
  107. NFA - Non-Foreign Exchange Assets
  108. NSFR: Net Stable Funding Ratio
  109. NGO - Non-Governmental Organization
  110. NHB - National Housing Bank
  111. NSG – Nuclear Suppliers Group
  112. NPA - Non-Performing Assets
  113. NSC - National Statistical Commission
  114. NSSF - National Small Savings Fund
  115. OD - Over Draft
  116. ODA - Official Development Assistance
  117. OMO - Open Market Operations
  118. PACS - Primary Agriculture Credit Societies
  119. PDAI - Primary Dealers Association of India
  120. PDO - Public Debt Office
  121. PIO - Persons of Indian Origin
  122. PO - Principal Office
  123. PRB - Primary Revenue Balance
  124. PSE - Public Sector Enterprises
  125. PUC - Paid Up Capital
  126. PPP – Public Private Partnership & Purchasing Power parity
  127. QFI -Qualified Foreign Investors
  128. RD - Revenue Deficit
  129. RDBMS - Relational Database Management
  130. RTGS - Real Time Gross Settlement System
  131. RE - Revenue Expenditure
  132. REC - Rural Electrification Corporation
  133. REER - Real Effective Exchange Rate
  134. RIDF - Rural Infrastructure Development Fund
  135. RoC - Registrars of Companies SLR-Statutory Liquidity Ratio
  136. RR - Revenue Receipts
  137. RRB - Regional Rural Bank
  138. RTP - Reserve Tranche Position
  139. RWA - Risk Weighted Asset
  140. SAS - Statistical Analysis System
  141. SCARDB - State Cooperative Agriculture and Rural Development Bank
  142. SWIFT: Society for Worldwide Interbank Financial Telecommunication
  143. SCB - State Cooperative Bank
  144. SCB - Scheduled Commercial Bank
  145. SDDS -Special Data Dissemination Standards
  146. SDR - Special Drawing Right
  147. SEBI - Securities and Exchange Board of India
  148. SIFI - Systemically Important Financial Intermediaries
  149. SEBs - State Electricity Boards
  150. SGSY - Swarnajayanthi Gram Swarrojgar Yojana
  151. SHGs - Self-Help Groups
  152. SIDBI - Small Industries Development Bank of India
  153. SIDC - State Industrial Development Corporation
  154. SJSRY - Swarna Jayanti Shahari Rojgar Yojana
  155. SLR - Statutory Liquidity Ratio
  156. SMG - Standing Monitoring Group
  157. SNA - System of National Accounts
  158. SRWTO - Small road & Water Transport Operators
  159. SSI - Small-Scale Industries
  160. STRIPS - Separate Trading for Registered Interest and Principal of Securities
  161. TB - Treasury Bills
  162. TARC - Tax Administration Reform Commission
  163. TC - Temporary Change
  164. TT - Telegraphic Transfer
  165. TAPI - Turkmenistan-Afghanistan-Pakistan-India
  166. TFTS - Trade for Trade Settlement
  167. TIEA – Tax Information exchange Agreement
  168. UCB - Urban Cooperative Bank
  169. UCN - Uniform Code Number
  170. UNDP - United Nations Developement Programme
  171. UNICO - Umbrella Organisation for Large Cooperative Banks in Europe
  172. UNDP - United Nations Development Programme
  173. UNIDO - United Nations Industrial Development Organisation
  174. UNME - Urban Non-Manual Employees
  175. UTI - Unit Trust of India
  176. VC - Venture Capital
  177. WPI - Wholesale Price Index
  178. WTO - World Trade Organisation
  179. Y-o-Y - Year-on-Year
  180. YTM - Yield to Maturity
  181. ZTC - Zonal Training Centree

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