Important abberviation for exams

Dear readers, We are providing a post on Important Abbreviations. This post will help you in upcoming IBPS, RRB PO/Clerk 2015 examinations. In this topic generally asked 2-3 questions in banking exams. I think you may increase your score in IBPS, RRB PO/Clerk 2015 exams.

Important Note: The acronyms/abbreviations denoted by (*) mark are important from the view of competitive exams*

AEPS – Aadhaar-EnabledPayments Switch
AIC – Agricultural Insurance Company

AIDIS – All India Debt and Investment Survey
*AMC - Asset Management Company
AML - Anti-Money LaunderingANBC - Adjusted Net Bank Credit
APO – Army Post Office
*ATM - Automated Teller Machine
*AUM - Assets Under Management
*BBNL - Bharat Broadband Network Limited
*BIS - Bank of International Settlements
*BOO - Build-Own-Operate
BR Act - Banking Regulations Act, 1949
*BRIC – Brazil, Russia, India, China
*BRICS – Brazil, Russia, India, China, South Africa
*BSBDA - Basic Savings Bank Deposit Account
*CBS - Core Banking System*
CCI - Competition Commission of India*
CEO - Chief Executive Officer*
CERC - Central Electricity Regulatory Commission*
CERSAI - Central Registry of Securitisation Asset Reconstruction and Security*
CGTMSE - Credit Guarantee Fund Trust for Micro and Small Enterprises*
CIBIL - Credit Information Bureau Limited
CIC - Core Investment Company
CICO - Cash In Cash Out*
CMIE - Centre for Monitoring Indian Economy*
CRR - Cash Reserve Ratio
CSP - Customer Service Point*
CWC - Central Warehousing Corporation*
DBT - Direct Benefit Transfer
DCCB - District Central Cooperative Bank
D-NBFC - Deposit Taking NBFC*
ECB - European Central Bank
EOD - Economic Offenses Division*
EMC - Expenditure Management Commission*
EPFO - Employees’ Provident Fund Organisation
*ETF - Exchange Traded Fund*
EU - European Union
FATF - Financial Action Task Force*
FCI - Food Corporation of India
*FDI - Foreign Direct Investment
*Fed. - Federal Reserve (United States)
*FII – Foreign Institutional Investors
FLC - Financial Literacy Centre
*FMC - Forward Markets Commission
FOS - Financial Ombudsman Service
FSB - Financial Stability Board*
FSLRC - Financial Sector Legislative Reforms Commission
FSP - Financial Services Provider*
G2P - Government to Person*
GBP - Great Britain Pound
GCC - General Credit Card*
GDP - Gross Domestic Product*
GIC - General Insurance Corporation of India*
GNPA - Gross NPA*
GOI - Government of India
GPRS - General Packet Radio Service
GRC - Grievance Redressal Cell
HDBS - Horizontally Differentiated Banking System
HFC - Housing Finance Company*
HTM - Held-to-Maturity*

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