Essential Banking definitions Part - 2


 ● What is the full form of RIB?

Answer :- Resurgent India Bonds,


● RIDF stands for –


Answer :- Rural Infrastructure Development Fund,


● What is the full form of RLA?


Answer :- Recoveries of Loans & Advances,


● RLC stands for –


Answer :- Repayment of Loans to Centre,


● What is the full form of RNBC?


Answer :- Residuary Non-Banking Companies,


● RO stands for –


Answer :- Regional Office,


● What is the full form of RoCs?


Answer :- Registrars of Companies,


● RPA stands for – 


Answer :- Rupee Payment Area,


● What is the full form of RR?


Answer :- Revenue Receipts,


● RRB stands for –


Answer :- Regional Rural Bank,


● What is the full form of RTP? 


Answer :- Reserve Tranche Position,


● RUF stands for –


Answer :- Revolving Underwriting Facility,


● What is the full form of RWA?


Answer :- Risk Weighted Asset,


● SAM stands for –


Answer :- Social Accounting Matrix,


● What is the full form of SAS?


Answer :- Statistical Analysis System,


● SBI stands for –


Answer :- State Bank of India,


● What is the full form of SC?


Answer :- Schedule Caste,


● SCB stands for – 


Answer :- State Cooperative Bank,


● What is the full form of SCB?


Answer :- Scheduled Commercial Bank,


● SCS stands for – 


Answer :- Size Class Strata,


● What is the full form of SEBI? 


Answer :- Securities and Exchange Board of India,


● SEBs stands for –


Answer :- State Electricity Boards,


● What is the full form of SFC?


Answer :- State Financial Corporation,


● SGL stands for – 


Answer :- Subsidiary General Ledger Abbreviation,


● What is the full form of SGSY?


Answer :- Swarnajayanthi Gram Swarrojgar Yojana,


● SIDC stands for –


Answer :- State Industrial Development Corporation,


● What is the full form of SJSRY?


Answer :- Swarna Jayanti Shahari Rojgar Yojana,


● SDS stands for – 


Answer :- Special Deposit Scheme,


● What is the full form of SLRS?


Answer :- Scheme for Liberation & Rehabilitation of Scavangers,


● SMG stands for –


Answer :- Standing Monitoring Group,


● What is the full form of SSI?


Answer :- Small-Scale Industries,


● SSSBEs stands for – 


Answer :- Small Scale Service & Business Enterprise,


● What is the full form of UBB?


Answer :- Uniform Balance Book,


● UCN stands for –


Answer :- Uniform Code Number,


● What is the full form of UTI?


Answer :- Unit Trust of India,


● VC stands for –


Answer :- Venture Capital,


● What is the full form of WPI?


Answer :- Wholesale Price Index,


● WSS stands for –


Answer :- Weekly Statistical Supplement,


● In cricket LBW stands for -


Answer :- Leg Before Wicket,


● ECGC is related to –


Answer :- Export financing and insurance,


● The alphabet C in the abbreviation CRR stands for –


Answer :- Cash,


● What does the letter C denote in the term ECB as used in the banking and financial operations?


Answer :- Commercial,


● BHEL stands for –


Answer :- Bharat Heavy Electrical Ltd,


● SEBI stands for –


Answer :- Securities and Exchange Board of India,


● What does the letter A denote in the term VAT?


Answer :- Added,


● Many a time we read a term PPP in financial newspapers. What is the full form of the PPP? 


Answer :- Purchasing Power Parity,


● Which represents I in the abbreviation IRDP? 


Answer :- Integrated,


● NREGA stands for – 


Answer :- National Rural Employment Guarantee Act


● VoIP stands for –


Answer :- Voice Over Internet Protocol,


● ATM stands for –


Answer :- Automated Teller Machine,


● HNI means –


Answer :- High Networth Individual,


● What is the mean of Ad Valorem? 


Answer :- According to value,


● What does DTL stand for in the field of banking?


Answer :- Demand and Time Liabilities,


● Recently the term 4G was very much in news and even a conference on it was organized in India. What is the letter G denotes in 4G ?


Answer :- Generation,


● As per the news published in various newspapers, the RBI has given its permission for cash withdrawal at POS terminals.What is the full form of POS?


Answer :- Point of Sale,


● In the context of financial inclusion, what does USB refer to?


Answer :- Ultra Small Branch,


● IRDP stands for -


Answer :- Integrated Rural Development Programme,


● What does the acronym WAN stand for?


Answer :- Wide Area Network,


● What does the acronym FTP stand for?


Answer :- File Transfer Protocol,


● IT stands for –


Answer :- Information Technology,


● OCR stands for?


Answer :- Optical Character Recognition,


● POST stands for?


Answer :- Power on Self Test,


● In Windows ME, what does ME stands for?


Answer :- Millennium,


● LAMP stand for -


Answer :- Linux Apache MySQL Perl,


● C in CPU denotes -


Answer :- Central, 


● DMA stands for -


Answer :- Direct Memory Access,


● VIRUS stands for -


Answer :- Virtual Information Resource Under Resize,


● FAT stands for -


Answer :- File Allocation Table,


● MTBF means -


Answer :- Mean Time Before Failure,


● MOS stands for -


Answer :- Most Often Store,


● CRM means -


Answer :- Customer Relationship Management,


● The term PC means -


Answer :- Personal Computer,


● What is the full form of GUI?


Answer :- Graphical User Interface,


● WAN means -


Answer :- Wide Area Network,


● CAD stands for–


Answer :- Computer Aided Design,


● What is the full form of EPCG stands?


Answer :- Export Promotion Capital Goods.


● FIEO stands for:-


Answer :- Federation of Indian Export Organisation. 


● PAC stands for


Answer :- Primary Agricultural Cooperative Societies


● CRM stands for


Answer :- Customer Relationship Management


● EFT Stands for


Answer :- Electronic Funds Transfer


● The full form of PIN in the parlance of an ATM card is


Answer :- Personal Identification Number


● Expand BIFR in the context of the Indian industry, is 


Answer :- Board for Industrial and Financial Reconstruction


● FIMMDA stands for


Answer :- Fixed Income Money Markets and Derivatives Association


● Expand the term SWIFT


Answer :- Society for Worldwide Interbank Financial Telecommunications


● Which is the full form of SOFA?


Answer :- Status of Forces Agreement


● What is the full form of HSBC?


Answer :- Hongkong and Shanghai Bank Corporation


● What is the full form of ICFAI?


Answer :- Institute of Chartered Financial Analysts of India


● What is the full form of CDBS?


Answer :- Committee of Direction on Banking Statistics


● What is the full form of UIC?


Answer :- Unique Identification Code


● What is the full form of LAS?


Answer :- Loan & Advances by States


● What is the full form of LBD?


Answer :- Land Development Bank


● What is the full form of ADTV?


Answer :- Average Daily Trading Volume


● What is the full form of AMEX?


Answer :- American Express


● What is the full form of CMP?


Answer :- Current Market Price


● What is the full form of BOI?


Answer :- Bank of India


● What is the full form of BoP?


Answer :- Balance of Payments


● What is the full form of CC?


Answer :- Cash Credit


● C P in the global financial market, is an unsecured promissory note with a fixed maturity of not more than 364 days. What is the abbreviation of C in CP ?


Answer :- Commercial


● What is the full form of CD?


Answer :- Certificate of Deposit


● CDR is the ratio of how much a bank lends out of the deposits it has mobilised.What is the abbreviation of CDR?


Answer :- Credit Deposit Ratio


● What is the full form of CCB?


Answer :- Central Co-operative Bank


● What is the full form of FFA?


Answer :- Federal Financial Assistance


● What is the full form of FFB?


Answer :- Federal Financing Bank


● What is the full form of FRB?


Answer :- Federal Reserve Bank


● What is the full form of PEP?


Answer :- Personal Equity Plans


● What is the full form of CBI?


Answer :- Common Bank of India


● What is the full form of IBA?


Answer :- Indian Bank Association


● What is the full form of AML?


Answer :- Anti Money Laundering


● What is the full form of BBR?


Answer :- Bank Base Rate


● ECGC provides export credit insurance support to Indian exporters and is controlled by the Ministry of Commerce.What is the abbreviation of E in ECGC?


Answer :- Export


● An EEFC is an account maintained in foreign currency with a bank dealing in foreign exchange.What is the abbreviation of EEFC?


Answer :- Exchange Earners Foreign Currency defenition


● DICGC is used for the purpose of providing insurance of deposits and guaranteeing of credit facilities to the customers of banks.What is the abbreviation of DICGC?


Answer :- Deposit Insurance and Credit Guarantee Corporation


● FCCI is the association of Indian business organizations, dedicated to promoting the growth and global competitiveness of Indian businesses.What is the abbreviation of F in FCCI?


Answer :- Federation


● FIMMDA an association of Scheduled Commercial Banks, Public Financial Institutions, Primary Dealers and Insurance Companies is a voluntary market body for the bond, money and derivatives markets.What is the abbreviation of MM in FIMMDA?


Answer :- Money Markey


● FDAS is required to be submitted directly by all the Indian companies which have received FDI and/or made FDI abroad in the previous year(s) including the current year.What is the abbreviation od FDAS?


Answer :- Foreign Liabilities and Assets Survey


● FPI is the entry of funds into a country where foreigners deposit money in a country’s bankor make purchases in the country’s stock and bond markets sometimes for Speculation.What is the abbreviation of FPI?


Answer :- Foreign Portfolio Investment


● FRBMA is used to institutionalize financial discipline, reduce India’s fiscal deficit, improve macroeconomic management and the overall management of the public funds by moving towards a balanced budget and strengthen fiscal prudence.What is the abbreviation of FRBMA?


Answer :- Fiscal Responsibility and Budget Management Act


● GFD is the excess of total expenditure including loans net of recovery over revenue receipts (including external grants) and non-debt capital receipts.What is the abbreviation of GFD?


Answer :- Gross Fiscal Deficit


● IFS is a compilation of financial data collected from various sources, covering over 200 countries worldwide, which is published monthly by the International Monetary Fund.What is the abbreviation of IFS?


Answer :- International Financial Statistics


● IBRD is an international financial institution that offers loans to middle-income developing countries.What is the abbreviation of R in IBRD?


Answer :- Reconstruction


● ICAR is an autonomous body responsible for co-ordinating agricultural education and research in India. What is the abbreviation of ICAR?


Answer :- Indian Council of Agricultural Research


● IFAD is an international financial institution and a Specialised agency of the United Nations dedicated to eradicating poverty and hunger in rural areas of developing countries.What is the abbreviation of D in IFAD?


Development


● LAF is a monetary policy tool which allows banks to borrow money through repurchase agreements.What is the abbreviation of A in LAF?


Answer :- Liquidity


● MSS is a monetary policy intervention by the RBI to withdraw excess liquidity (or money supply) by selling government securities in the economy. What is the abbreviation of MSS?


Answer :- Market Stabilization scheme


● OECD is a group of 34 member countries that discuss and develop economic and social policy. What is the abbreviation of D in OECD?


Answer :- Development


● MIGA is an international financial institution which offers political risk insurance and credit enhancement guarantees.What is the abbreviation of MIGA?


Answer :- Multilateral Investment Guarantee Agency


● What does I stands for in CHI in relation to Cheque Truncation System?


Answer :- Interface(CHI-Clearing House Interface)


● The security, integrity, non-repudiation and authenticity of the data and image transmitted in CTS are ensured using the PKI. What does P stands for in PKI?


Answer :- Public(PKI- Public Key Infrastructure)


● What does P stands for in CCP with respect to Cheques?


Answer :- Policy(CCP- Cheque Collection Policy)


● What does L stands for in LAF?


Answer :- Liquidity(LAF- Liquidity adjustment facility)


● What does C stands for in BBPCU? 


Answer :- Central(Bharat Bill Payment Central Unit)


● What does O stands for in WLAO with respect to ATMs?


Answer :- Operator(WLAO- White Label ATM Operator)


● IDF is an investment vehicle which can be sponsored by commercial banks . What does I stands for in IDF?


Answer :- Infrastructure(IDF- Infrastructure Debt Fund)


● What does B stands for in CBLO?


Answer :- Borrowing(CBLO- Collateralized Borrowing And Lending Obligation)


● What does F stands for in SFMS?


Answer :- Financial(SFMS- Structured Financial Messaging System)


● What is the full form of PCARDB?


Answer :- Primary Cooperative Agriculture and Rural Development Bank


● What is the full form of PF?


Answer :- Provident Fund


● What is the full form of UBB?


Answer :- Uniform Balance Book


● What is the full form of UBD?


Answer :- Urban Banks Department


● What is the full form of UCB?


Urban Cooperative Bank


● What is the full form of UCN?


Answer :- Uniform Code Number


● What is the full form of ECD?


Answer :- European Central Bank


● What is the full form of IIBM?


Answer :- Indian Institute of Bank Management


● What is the full form of IIFCL?


Answer :- India Infrastructure Finance Company Limited


● What is the full form of IIFT?


Answer :- Indian Institute of Foreign Trade


● What is the full form of TIEA?


Answer :- Tax Information and Exchange Agreement


● What is the full form of NDSAP?


Answer :- National Data Sharing and Accessibility Policy


● What is the full form of NCMC?


Answer :- National Common Mobility Card


● What is the full form of MEDP?


Answer :- Multinational Design Evaluation Progrrame


● What does E stands for in ECB?


Answer :- External(ECB- External Commercial Borrowing)