Abbreviations, Terms in News : Current Affairs 2014-15

Abbreviations, Terms in News. Current Affairs Abbreviations, Terms, Current Events Abbreviations. Current Affairs 2014-15. Terms, Latest News Abbreviations.

Important Abbreviations, Terms in News – 2014

  • BSBDA – Basic Savings Bank Deposit Account
  • FCNR(B) – Foreign Currency Non-Resident Bank
  • NBFC-Non Banking Finance Companies
  • MSF-Marginal Standing Facility
  • NEFT – National Electronic Funds Transfer
  • RTGS – Real Time Gross Settlement
  • IMPS – ‎Immediate Payment Service
  • NPCI – National Payments Corporation of India
  • SLR-Statutory Liquidity Ratio
  • CRR- Cash Reserve Ratio
  • CBS- Core Banking Solution
  • CORE – Centralized Online Teal-time Environment
  • CAR – Cash Adequacy Ratio
  • DTAA – Double Taxation Avoidance Agreement
  • DTC – Direct Tax Code
  • FINO- Financial Inclusion Network Operation
  • DEAF- Depositor Education and Awareness Fund
  • CRAR- Capital to Risk-weighted Assets Ratio
  • External Commercial Borrowings (ECB)
  • SWIFT- Society for Worldwide Interbank Financial Telecommunication
  • KYC- Know Your Customer
  • AML – Anti Money Laundering
  • FSLRC Financial Sector Legislative Reforms Commission
  • MIBOR- Mumbai Inter-Bank Offer Rate
  • LIBOR- London Inter-Bank Offer Rate
  • LAF – Liquidity Adjustment Facility
  • ECBs – External Commercial Borrowings
  • EEFC – Exchange Earner’s Foreign Currency
  • EFSF – European Financial Stability Facility
  • SPPBs -special private placement bonds
  • SFD – Social Fund for Development
  • MOU -Memorandum of Understanding
  • INFINET – INdian FInancial NETwork
  • NPA – Non-Performing Assets
  • TCPS – Tata Communications Payment Solutions
  • WLA – white label ATM
  • IBPS -India Bill Payment System’
  • IBPS – Institute of Banking Personnel Selection
  • IIBs – Inflation Indexed Bonds
  • LBS – lead bank scheme
  • NBFC- Non-banking financial company
  • IFCs – infrastructure finance companies
  • BSA bilateral swap arrangement
  • FIIs- Foreign Institutional Investor,
  • FEMA – Foreign Exchange Management Act
  • NACP-IV – National AIDS Control Project
  • NCB – non-convertible debenture
  • NBFI – non-banking financial institution
  • VVPAT – Voter Verifiable Paper Audit Trail
  • DBT – Direct Benefit Transfer
  • RIDF – Rural Infrastructure Development Fund.
  • EIA – Energy Information Administration
  • CPIAL – Consumer Price Index for Agricultural Labour
  • BRLF – Bharat Rural Livelihood Foundation
  • ALM- Asset Liability Management
  • FII – Foreign Institutional Investor.
  • TARC – Tax Administration Reform Commission
  • ITEs- Intra-Group Transactions and Exposures
  • LCR- Liquidity Coverage Ratio
  • NSFR- Net Stable Funding Ratio
  • LRMT- Liquidity risk monitoring tools
  • GIRO – Government Internal Revenue Order
  • EEFC – Exchange Earner’s Foreign Currency
  • FRBMA- Fiscal Responsibility and Budget Management Act
  • AMFI- Association of Mutual Fund in India.
  • TIEA – Tax Information exchange Agreement
  • FIPB – Foreign Investment Promotion board
  • FSLRC – Financial Sector Legislative Reforms Commission
  • FTA- Free trade agreement
  • GAAR – General anti avoidance rule
  • GSLV – Geo-Synchronous Launch Vehicle
  • PSLV – Polar Satellite Launch vehicle
  • NCTC – National Counter-Terrorism Centre
  • NSG – Nuclear Suppliers Group
  • PPP – Public Private Partnership & Purchasing Power parity
  • TAPI – Turkmenistan-Afghanistan-Pakistan-India.
  • QFI -Qualified Foreign Investors
  • VVPAT -‘Voter Verifiable Paper Audit Trail’
  • Tax Information Exchange Agreement (TIEA).
  • CCEA – Cabinet Committee on Economic Affairs
  • CECA – Comprehensive Economic Cooperation Agreement
  • CEPA – Comprehensive Economic Partnership Agreement
  • RUSA – Rashtriya Uchchatar Shiksha Abhiyan
  • CAPFILMS- Central Armed Police Forces Institute of Medical Sciences
  • SNIF – Special National Investment Fund
  • NSDA – National Skill Development Agency
  • NPCA – National Plan for Conservation of Aquatic Eco-systems.
  • BRICS – Brazil, Russia, India, China and South Africa
  • TWG – Technical Working Group
  • Karen – Tropical Storm Karen on 5 October 2013 touched the US Gulf Coast
  • Fitow – Typhoon Fitow slammed into Southeastern China on 7 October 2013
  • Phailin – The cyclonic storm Phailin hits Odisha and Andhra Coast on October 12, 2013
  • Nari- Typhoon Nari hit hard the northern part of Philippines on 13 October 2013
  • Wipha – A powerful typhoon Wipha on 16 October 2013 caused landslides and flooding on Izu Oshima Island, South of Tokyo

10 thoughts on “Abbreviations, Terms in News : Current Affairs 2014-15

  1. kaka awesome………………….

  2. nice work……!!!!!!!!

  3. dear admin,pl provide us its pdf format.nly 2 days left 4 xam
    pl help

  4. Magnetic ink character recognition (MICR)

  5. abhishek singh says:

    CrAR is capital reserve adequacy ratio.

  6. gd work have done

  7. u forgot REER – Real Effective Exchange Rate

  8. archita dutta says:

    thank u..it really helps a lot

  9. CORE -Centralized Online Real-time environment

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