Management Point

List of Important Full form

1. GDP Gross Domestic Product.
2. NBFC Non banking finance company.
3. Bear and Bulls related to Stock Market.
4. SDR (Special Drawing Rights) issued by IMF.
5. Chairman of 13
th
finance commission Vijay Kelkar.
6. Chairman of 14
th
finance commission Y.V. Reddy
7. Financial Inclusion - Banking services to rural people termed.
8. The details of the companies financial position in the annual report of a company is known as balance
sheet.
9. Insurance companies regulate in India IRDA (Insurance Regulatory Development Authority).
10. The financial body which frames Monetary and Financial policy in India RBI.
11. For preventing frauds and counterfeiting in a bank, RBI has proposed a scheme called Know Your
Customer (KYC).
12. AML: Anti Money Laundering
13. Organization deals with Fertilizer industry IFFCO (Indian Farmers Fertiliser Cooperative Limited).
14. FCCB stand for - Foreign Currency Convertible Bond.
15. MAT stand for Minimum Alternate Tax.
16. Reserve Policy include - CRR and SLR.
17. SME Small and Medium Enterprises.
18. Foreign exchanges are done in US Dollars.
19. Home loans are given to Individuals.
20. SSI: Small Scale Industries
21. MSME: Micro, Small and Medium Enterprise
22. FCRA Foreign Contribution Regulation Act.
23. APEC Asia Pacific Economic Cooperation.
24. NPA Non Performing assets
25. Basel II norms Maintaining Capital Adequate ratio
26. POS Point of sale
27. ECS Electronic Clearing system
28. The exchange of goods between the two or more countries is known as - FTA(Free Trade Agreement).
29. RBI has kept Emergency Fund facility for which of the following banks Urban Co-operative banks
30. Full form of TPF Trade policy Forum.
31. Credit Rating agency in India CRISIL
32. Stocks and bonds are trade Capital Market
33. Service Tax is Shared by Central Government.
34. FTA released by Ministry of Commerce & Industry
35. Reverse Mortgage scheme is related to For Senior Citizens
36. First to start Mutual Fund trading on BSE UTI Mutual Fund.
37. IIP (Index of Industrial Production) was released by Central Statistical Organization (CSO).
38. World Investment Report released by UNCTAD.
39. NCDEX (National Commodity and Derivatives Exchange) commodity stock exchange is headquartered
Mumbai
40. NABARD(National Bank for Agriculture and rural development bank ) is headquartered Mumbani
41. ADB (Asian Development Bank ) is headquartered Manila
42. POS -- Point of Scale
43. VAT stands for -- Value Added Tax
44. GST : Good and Service Tax.
45. Who issue & regulate currency -- RBI
46. NEFT full form -- National Electronic Fund Transfer.
47. Full form of LLP Limited Liability Partnership.
48. Max limit for RTGS (Real Time Gross Settlement) - No limit.
49. Which bank can accept deposit -- commercial bank
50. Insurance services given by banks are called Bancassurance.
51. Bank are connected to all banking network -- Core Banking Solution.
52. Financial inclusion is -- Banking facilities to all of them whom not has provided as yet.
53. Who has maximum share in nationalized Bank -- Govt of India.
Management Point
54. Demat account use for -- for shares trading in electronic form.
55. RTGS minimum threshold limit recently raised to 2 lac
56. Govt. sharehold in public sector banks cant be below 51%
57. How many villages are to be covered in next 5yrs under Financial inclusion --73,000.
58. NEFT system uses which codes -- IFS Codes.
59. KYC procedure requires -- ID & address proof of the customer
60. Self Help groups means -- Self-Help Groups are prime platform for social mobilization of women and
creating awareness about legal and political rights.
61. Reverse mortgage loan -- Finance given to senior citizens against residential houses/flats.
62. Fastest inter bank transfer is by -- RTGS.
63. ASBA -- Application Supported by Blocked Amount.
64. SLR -- The minimum reserves each bank must hold to customer deposits and notes.
65. FINO -- Financial Inclusion Network and Operations.
66. Deepak Mohanti committee is related to -- Base rate.
67. The Govt. And the RBI had set a target to cover 73000 villages having population in excess of 2000 to
provide access to banking services, by march2012. Scheme name is -- SWABHIMAN
68. C.A.G. -- Comptroller and Auditor General
69. Rights issue mean -- Sale of securities to existing share holders
70. Secondary Market regulated by SEBI
71. Expand NOHC -- Non-Operative Holding Company
72. CDSL means -- Central Depository Services Limited
73. NSDL means -- National Securities Depository Limited
74. ETF stands for -- Exchange Traded Fund
75. Core banking means Connectivity of branches, ATM and online systems of all branches.
76. The Foreign Exchange Reserve of India are kept in the custody of -- Reserve Bank of India.
77. Plastic money -- Credit Card, Debit Card
78. PPP means : purchasing power parity.
79. N.A.V. Net Assets Value.
80. ASHA: Accredited Social Health Activist
81. CRISIL: Credit Rating Information Services of India ltd
82. FEMA: Foreign Exchange Management Act, 1999
83. FERA : Foreign Exchange Regulation ACT, 1974
84. NSE: National Stock Exchange
85. BSE: Bombay Stock Exchange
86. FDI: Foreign Direct Investment
87. LIBOR: London InterBank Offer Rate
88. MIBOR: Mumbai InterBank Offer Rate
89. ADR: American Depository Receipt
90. IDR: Indian Depository Receipt
91. GDR: Global Depository Receipt
92. PAC: Public Account Committee, Chief: Murli Manohar Joshi
93. CAMEL: Capital Adequecy, Assset quality, Management quality, Earnings quality, Liquidity
94. CORE: Centralised Online Realtime Electronic
95. ICRA: Investment Information and Credit Rating Agency of India
96. SWIFT: society for World wide Internet Financial telecommunication Code
97. BIFR: Bureau of Industrial and Financial Reconstruction
98. Guarentee to exporters-ECGC-Export Credit Corporation of India
99. CCIL(clearing cooperation of India Limited)
100. GAAR : General Anti Avoidance Rule
101. CIBIL: Credit Information Bureau of India Limited
102. ALM: Asset Liability Management
103. ECB: External Commercial Borrowings (ECB)
104. BSBDA: Basic Savings Bank Deposit Account
105. FII: Foreign Institutional Investor.
106. FIPB: Foreign Investment Promotion board


Management Point