20 Important Abbreviations For Banking, SSC, Airforce, Police and Other Competitive Exams


1. DvP                 Delivery versus Payment

2. ECBs               External Commercial Borrowings

3. ECS                 Electronic Clearing Service

4. EEFC               Exchange Earners Foreign Currency

5. FCA                 Foreign Currency Assets

6. FCCBs             Foreign Currency Convertible Bonds

7. FCEB               Foreign Currency Exchangeable Bonds

8. FCNR {A}         Foreign Currency Non-Resident {Accounts}

9. FDI                   Foreign Direct Investment

10.FEMA              Foreign Exchange Management Act

11.FERA               Foreign Exchange Regulation Act

12.FIIs                  Foreign Institutional Investors

13.FMCG             Fast Moving Consumer Goods

14.FRAs              Forward Rate Agreements

15.FRBM Act       Fiscal Responsibility and Budget Management Act

16.GATS             General Agreement on Trade and Services

17.GDP               Gross Domestic Product

18.GDR               Global Depository Receipt

19.G-Sec             Government Securities

20.IBA                  Indian Bank’s Association



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