Banking and Economics Quick Summary and Important Facts – Most Important for Competitive Exams

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ABBREVIATONS

Extreme Accuracy Tasked Ordnance
1.EXACTOExtreme Accuracy Tasked Ordnance
2.CARECrew module Atmospheric Re-entry Experiment
3.MCAModel Concession Agreement
4.SMAPSoil Moisture Active Passive
5.NATONorth Atlantic Treaty Organization
6.ESCAPEconomic and Social Commission for Asia and the Pacific
7.FICCIFederation of Indian Chambers of Commerce and industry
8.NCERTNational Council of Education Research and Training
9.ASEANAssociation of South East Asian Nations
10.IFTUInternational Federation of Trade Unions
11.WFIWrestling Federation of India
12.CERSAICentral Registry of Securitisation Asset Reconstruction and Security
13.DBTDirect Benefit Transfer
14.NIITNational Institute of Information Technology
15.LIBORLondon Inter Bank Offered Rate
16.LIBIDLondon Inter Bank Bid Rate
17.ECGCExport Credit Guarantee Corporation of India
18.STRIPSSeparate Trading for Registered Interest & Principal Securities
19.CIBILCredit Information Bureau of India Limited
20.CRISILCredit Rating information Services of India Limited
21.AMFIAssociation of Mutual Funds of India
22.FCCBForeign Currency Convertible Bond
23.CACCapital Account Convertibility
24.CCEACabinet Committee on Economic Affairs
25.PMJDYPradhan Mantri Jan-Dhan Yojana
26.ISISIslamic State of Iraq and Syria
27.MEDAMars Environmental Dynamics Analyzer
28.CSFCommonwealth Shooting Federation
29.NCDEXNational Commodity & Derivatives Exchange Ltd.
30.CMSAChief Minister՚s Social Assistance
31.OECDOrganisation for Economic Co-operation and Development
32.SMAPSoil Moisture Active Passive
33.UNSCUnited Nations Security Council
34.ICHRIndian Council of Historical Research
35.DERCDelhi Electricity Regulatory Commission
36.NCRDBDNational Centre for Research & Development in Bulk Drugs
37.NBANational Basketball Association
38.NGRBANational Ganga River Basin Authority
39.RRTSRegional Rapid Transit System
40.ICANNInternet Corporation for Assigned Names and Numbers
41.IPDSIntegrated Processing Development Scheme
42.SNIFSpecial National Investment Fund
43.ABCPAsset-Backed Commercial Paper
44.ADAAdvance Deposit Account
45.AIBEAAll India Bank Employees Association
46.AIIBOAAll India Indian Bank officers Association
47.CTF՚sChid Trust Fund (s)
48.FIPBForeign Investment Promotion Board
49.ECBExternal Commercial Borrowings
50.IFFIInternational Film Festival of India
51.LAFLiquidity Adjustment Facility
52.LBLowest daily outstanding Balance
53.LCDLiquid Crystal Display
54.LIBORLondon inter-Bank Offer Rate
55.LOILetter of Intent
56.LPALong Period Average
57.MASIManagement Audit Systems Inspection

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