[GS][Short Form] 30 Important Abbreviations For Banking, SSC, Airforce, AFCAT & Other Competitive Exams

[GS]

[Short Form]

30 Important Abbreviations

For Banking, SSC, Airforce, AFCAT & Other Competitive Exams

1. IBPCs – Inter-Bank Participation Certificates

2. ICDs – Inter Corporate Deposits

3. ICICI – Industrial Credit and Investment Corporation of India

4. IDBI – Industrial Development Bank of India

5. IDR – Indian Depository Receipt

6. IIR – Index of Industrial Receipt

7. IMF – International Monetary Fund

8. INR – Indian Rupee

9. IPO – Initial Public Offer

10. IRDA – Insurance Regulatory and Development Authority of India

11. JV – Joint Venture

12. KCC – Kisan Credit Card

13. KYC – Known Your Customer

14. LAF – Liquidity Adjustment Facility

15. LIOR – London Insurance Offered Rate

16. LIC – Life Insurance corporation

17. MCAP – Market Capitalisation

18. MFI – Micro Finance Institution

19. MMIs – Money Market Instruments

20. MMMFs – Money Market Mutual Funds

21. MoU – Memorandum of Understanding

22. NABDAQ – National Bank for Agriculture and Rural Development

23. NASDAQ – National Association of Securities Dealers Automated

24. NBC – Net Bank Credit

25. NBFCs – Non-Banking Financial Companies

26. NCDs – Negotiable Certificates of Deposits

27. NDTL – Net Demand and Time Liabilities

28. NEER – National Effective Exchange Rate

29. NEFT – National Electronic Funds Transfer

30. NPAs – Non-Performing Assets