Full Forms of Financial Terms

Published on Tuesday, September 09, 2014
Important financial terms for banking exams :-

Term
Full form
EFFC A/c
Exchange Earner Foreign Currency Account
LRS
Liberalised Remittance Scheme
NIM
Net Interest Margin
LIBOR
London Inter Bank Offered Rate
MIBOR
Mumbai Inter Bank offered Rate
IBRD
International Bank for Reconstruction & Development
MLAT
Mutual Legal Assistance Treaty (SAARC)
NACP
National Aids Control Programme
CDM
Clean Development Mechanism
CRAR
Capital to Risk Weighted Assets Ratio
GPRS
General Packet Radio Service
CDMA
Code Division Multiple Access
GSM
Global Services for Mobile
BIMSTEC
Bay of Bengal Initiative for Multi Sectoral Technical & Economic Cooperation
CTT
Commodity Transaction Tax
NAPCC
National Action Plan for Climate Change
UNFCCC
U N Framework Convention on Climate Change
NEFT
National Electronic Fund Transfer
FIH
International Hockey Federation
FIFA
International Federation of Association Football/Federation Internationale de Football Association (French acronym)
FSLRC
Financial Sector Legislative Reform Commission
NDM-1
New Delhi Metallo Beta Lactamese-1
CER
Certified Emmission Reductions
NPCI
National Payment Corporation of India
IFSC
Indian Financial Services Code
MICR
Magnetic Ink Character Recognition
CBD
Convention on Biological Diversity
COP
Conference of Parties
ABS
Access, Benefit & Sharing
NFS
National Financial Switch
CSE
Centre for Science & Environment
MFI
Micro Finance Institution
QFI
Qualified Foreign Individuals
NAMICA
Nag Missile Carrier
NCHER
National Commission for Higher Education & Research
CCEA
Cabinet Committee on Economic Affairs
PTC
Pass Through Certificate
CAMELS
Capital Assets Management Earnings Liquidity Systems
SECC
Socio Economic & Caste Census
FCEB
Foreign Currency Exchangeable Bonds
NELP
New Exploration Licencing policy
FIPB
Foreign Investment Promotion Board
ITER
International Thermonuclear Experiment Reactor
INDU
Indian National Defence University (Gurgaon, Haryana)
MCX
Multi Commodity Exchange
BAFTA
British Academy Film & Television Awards
NIA
National Investigation Agency
CENVAT
Central Value Added Tax
IIP
Index of Industrial Production
SPV
Special Purpose Vehicle
IMPS
Interbank Mobile Payment Service
OMO
Open Market Operation
GAAR
General Anti Avoidance Rule
FCNR(B)
Foreign Currency Non Resident Bank
MNP
Mobile Number Portability
WIMAX
Worldwide Interoperability of Microwave Access
NCTC
National Counter Terrorism Centre
XBRL
Extensible Business Reporting Language
SACOSAN
South Asian Conference on Sanitation
IMEI
International Mobile Equipment Identity
UNICEF
UN International Children Emergency Fund
OIC
Organisation of Islamic Conference
GCC
Gulf Cooperation Council
SIM
Subscriber Identity Modules
NADA
National Anti Doping Agency
CASA
Current Account, Saving Account
CERN
European Centre for Nuclear Research
CBDR
Common but differentiated responsibility


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