Economic Abbreviations for Banking Exams

Capital and Money Market Related Terms

CAD

Capital Account Deficit

CRR

Cash Reserve Ratio

CD

Certificate of Deposit

CP

Commercial Paper

CF

Company Finance

CPI

Consumer Price Index

CPI

Consumer Price Index

CPI-IW

Consumer Price Index for Industrial Workers

CD Ratio

Credit Deposit Ratio

DCB

Demand Collection And Balance

DD

Demand Draft

DI

Direct Investment

EPF

Employees Provident Fund

EUR

Euro

ECB

External Commercial Borrowing

FI

Financial Institution

FOF

Flow Of Funds

GoI

Government of India

G-sec

Government Securities

INR

Indian Rupee

IP

Interest Payment

LAF

Liquidity Adjustment Facility

LAS

Loan & Advances By States

LTO

Long Term Operation

MTM

Mark-To-Market

MOF

Master Office File

M1

Narrow Money

M3

Broad Money

NSSF

National Small Savings Fund

NPV

Net Present Value

NPD

Net Primary Deficit

NBFC

Non-Banking Financial Companies

NBC

Non-Banking Companies

NPA

Non-Performing Assets

OLTAS

Online Tax Accounting System

OMO

Open Market Operations

OFI

Other Financial Institutions

OD

Over Draft

PD

Primary Deficit

PF

Provident Fund

REER

Real Effective Exchange Rate

RRB

Regional Rural Bank

RMB

Renminbi (Chinese)

RFC

Residents Foreign Currency

RD

Revenue Deficit

RE

Revenue Expenditure

RR

Revenue Receipts

RWA

Risk Weighted Asset

SLR

Statutory Liquidity Ratio

SNA

System of National Accounts

TBs

Treasury Bills

USD

Us Dollars

VC

Venture Capital

WPI

Wholesale Price Index

NEFT

National Electronic Fund Transfer

RTGS

Real Time Gross Settlement

MSF

Marginal Standing Facility

CRAR

Capital to Risk Weighted Assets Ratio

GST

Goods and Services Tax

CGST

Central Goods and Services Tax

SGST

 State Goods and Services Tax

UTGST

Union Territory Goods and Services Tax

IGST

Integrated Goods and Services

GAAP

Generally Accepted Accounting Practices

Different Institutions and Regulatory Bodies

AIRCSC

All India Rural Credit Survey Committee

ASSOCHAM

Associated Chambers of Commerce and Industry of India

BSCS

Basel Committee on Banking Supervision

CAG

Comptroller and Auditor General of India

CDBS

Committee of Direction on Banking Statistics

CFRA

Combined Finance and Revenue Accounts

CII

Confederation of Indian Industries

DCA

Department of Company Affairs

DCCB

District Central Cooperative Bank

DCM

Department of Currency Management, RBI

DEIO

Department of External Investments and Operations

ECB

European Central Bank

EXIM Bank

Export Import Bank of India

FICCI

Federation of Indian Chambers of Commerce and Industry

GIC

General Insurance Corporation

HDFC

Housing Development Finance Corporation

HUDCO

Housing & Urban Development Corporation

IBRD

International Bank for Reconstruction and Development

IBS

International Banking Statistics

ICAR

Indian Council of Agricultural Research

ICICI

Industrial Credit and Investment Corporation of India

IDBI

Industrial Development Bank of India

IDD

Industrial Development Department

IFC

International Finance Corporation

IFCI

Industrial Finance Corporation of India

IFS

International Financial Statistics

IIBI

Industrial Investment Bank of India

IIP

Index of Industrial Production

IMF

International Monetary Fund

IRBI

Industrial Reconstruction Bank of India

ISDA

International Swaps and Derivative Association

KVIC

Khadi & Village Industries Corporation

NABARD

National Bank for Agriculture and Rural Development

NAC

National Agricultural Credit

NGO

Non-Governmental Organization

NHB

National Housing Bank

NSC

National Statistical Commission

NSSF

National Small Savings Fund

OECD

Organisation for Economic Cooperation and Development

OECO

Organisaton for Economic Co-operation

OSCB

Other Indian Scheduled Commercial Bank

PACS

Primary Agriculture Credit Societies

PCARDB

Primary Cooperative Agriculture and Rural Development Bank

PSE

Public Sector Enterprises

RNBC

Residuary Non-Banking Companies

SCARDB

State Cooperative Agriculture and Rural Development Bank

SCB

Scheduled Commercial Bank

SEBI

Securities and Exchange Board of India

SEBs

State Electricity Boards

SFC

State Financial Corporation

SHGs

Self-Help Groups

SIDBI

Small Industries Development Bank of India

SIDC

State Industrial Development Corporation

SSI

Small-Scale Industries

SSSBEs

Small Scale Service & Business Enterprises

FSDC

Financial Stability and Development Council

IRDA

Insurance Regulatory and Development Authority

AMFI

Association of Mutual Funds

FIEO

Federation of Indian Export Organisation

IBBI

Insolvency and Bankruptcy Board of India

PEPC

Project Exports Promotion Council of India

BIS

Bureau of Indian Standards

PFRDA

 Pension Fund Regulatory & Development Authority

FMC

Forward Markets Commission

RBI

Reserve Bank of India

NSS

National Sample Survey

FINRA

Financial Industry Regulatory Authority

TRIFED

Tribal Co-Operative Marketing Development Federation of India Ltd.

NAFED

National Agriculture Co-Operative Marketing Federation of India Ltd.

National Income-related terms

GDP

Gross Domestic Product

GDPFC

Gross Domestic Product at Factor Cost

GDPMP

Gross Domestic Product at Market Price

GNP

Gross National Product

GVA

Gross Value Added

NDP

Net Domestic Product

NDPFC

Net Domestic Product at Factor Cost

NDPMP

Net Domestic Product at Market Price

NNP

Net National Product

NVA

Net Value Added

PCI

Per Capita Income

NNI

Net National income

GPR

Gross Profit Ratio

NPR

Net Profit Ratio

Foreign Trade and Investments related terms

ADR

American Depository Receipt

AFS

Annual Financial Statement

AO

Additive Outliers

BoP

Balance Of Payments

EDMU

External Debt Management Unit

EEC

European Economic Community

EEFC

Exchange Earners Foreign Currency

FCA

Foreign Currency Assets

FDI

Foreign Direct Investment

FII

Foreign Institutional Investor

FLAS

Foreign Liabilities and Assets Survey

FPI

Foreign Portfolio Investment

FRN

Floating Rate Note

GDR

Global Depository Receipt

GFD

Gross Fiscal Deficit

NFA

Non-Foreign Exchange Assets

NFD

Net Fiscal Deficit

SDR

Special Drawing Right

UBB

Uniform Balance Book

FTP

Foreign Trade Policy

MEIS

Merchandise Exports from India Scheme

SEIS

Service Exports from India Scheme

DTC

Depository Trust Company

FEMA

Foreign Exchange Management Act

FERA

Foreign Exchange Regulation Act

Credit Rating Agencies and stock exchanges

CRISIL

Credit Rating Information Services ff India Limited

ICRA

Investment Information and Credit Rating Agency

CARE

Credit Analysis and Research

ONICRA

Onida Individual Credit Rating Agency

SMERA

Small and Medium Enterprises Rating Agencies

PCR

Pacific Credit Rating

NICE

National Information and Credit Evaluation

CERA

Central European Rating Agencies

SCRI

Seoul Credit Rating and Information

JCR

Japan Credit Rating Agency Ltd.

IRA

Interfax Rating Agency

ERA

European Rating Agencies

NYFE

New York Future Exchange

NYSE

New York Stock Exchange