got some GK for friends "PLEASE Read this ABBREVIATIONS & INFORMATION >> ABBREVIATIONS & INFORMATION RELATED TO BANKING > GDP – Gross Domestic Product. ==>> NBFC – Non banking finance company. ==>> Bear and Bulls related to – Stock Market. ==>> SDR (Special Drawing Rights) issued by – IMF. ==>> Chairman of 13 th finance commission – Vijay Kelkar. ==>> Financial Inclusion -- Banking services to rural people. ==>> Balance Sheet - The details of the companies financial position in the annual report of a company. ==>> IRDA (Insurance Regulatory Development Authority) It regulated Insurance companies in India. ==>> RBI : The financial body which frames Monetary and Financial policy in India – ==>> Kirit Parekh Committee : committee that recommended the hike of petrol and diesel prices – ==>> KYC : Know Your Customer - For preventing frauds and counterfeiting in a bank, RBI has proposed this scheme. ==>> FCCB : Foreign Currency Convertible Bond - Organization that deals with Fertilizer industry. ==>> MAT– Minimum Alternate Tax. ==>> SME – Small and Medium Enterprises. ==>> SSI - Small Scale Industries ==>> FCRA – Foreign Contribution Regulation Act. ==>> APEC – Asia Pacific Economic Cooperation. ==>> NPA – Non Performing assets ==>> POS – Point of sale ==>> ECS – Electronic Clearing system ==>> FTA - (Free Trade Agreement) The exchange of goods between the two or more countries. ==>> TPF – Trade policy Forum. ==>> CRISIL - Credit Rating agency in India ==>> IIP (Index of Industrial Production) ==>> NCDEX (National Commodity and Derivatives Exchange) ==>> NABARD(National Bank for Agriculture and rural development) ==>> ADB (Asian Development Bank ) ==>> POS -- Point of Scale ==>> VAT stands for -- Value Added Tax ==>> GST : Good and Service Tax. ==>> NEFT full form -- National Electronic Fund Transfer. ==>> LLP – Limited Liability Partnership. ==>> RTGS (Real Time Gross Settlement) ==>> FINO -- Financial Inclusion Network and Operations. ==>> ETF -- Exchange Traded Fund ==>> PPP means : purchasing power parity. ==>> N.A.V. – Net Assets Value. ==>> SEBI (Security Exchange Board of India)." nalbeira
Posted on: Fri, 16 Aug 2013 02:30:45 +0000
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