Essential Banking Definitions Part - 3

 

● What is the full form of LBD?

Answer :- Land Development Bank,


● LBS stands for –


Answer :- Locational Banking Statistics,


● What is the full form of LS?


Answer :- Level Shift,


● LT stands for –


Answer :- Long Term,


● What is the full form of LTO?


Answer :- Long Term Operation,


● M1 stands for –


Answer :- Narrow Money,


● What is the full form of M3?


Answer :- Broad Money,


● UIDAI stands for –


Answer :- Unique Identification Authority of India,


● What is the full form of MFN?


Answer :- Most Favoured Nation,


● What does the letter D denote in the term SDR? (as used in finance)


Answer :- Drawing,


● CSR stands for –


Answer :- Corporate Social Responsibility,


● What is the full form of IBSA?


Answer :- India, Brazil, South Africa,


● What does the letter S denote in AFSPA an abbreviation we very often see in newspapers?


Answer :- Special,


● As we all know DIPP is the nodal agency in the field of foreign investments in India. What is the full form of DIPP?


Answer :- Department of Industrial Policy and Promotion,


● What is the mean of NEFT?


Answer :- National Electronic Funds Transfer system,


● Many times we read about SHGs in financial newspapers. What is the full form of the term?


Answer :- Self Help Groups,


● What does the letter L denote in term LAF as referred every now and then in relation to monetary policy of the RBI?


Answer :- Liquidity,


● What is the full form of FINO a term we see frequently in financial newspapers?


Answer :- Financial Inclusion Network and Operations,


● The letter F denotes which word in the term IFRS?


Answer :- Financial,


● When a banker talks about CDR, what is he talking about?


Answer :- Corporate Debt Restructuring,


● What is the Expand term of ALM as used in Banking/Finance sector ?


Answer :- Asset Liability Management,


● For repayment of loan availed from Banks NBFC we come across a term known as EMI What does it stand for?


Answer :- Equated Monthly Installment,


● While investing in mutual funds we come across a term called NAV. What is the meaning of NAV?


Answer :- Net Asset Value,


● What is the full form of DRT??


Answer :-Debt Recovery Tribunals,


● What is the expand term of FLCC?


Answer :- Financial Literacy and Credit Counselling,


● What is the full form of ULIP, the term which was in the news recently?


Answer :- Unit Linked Insurance Plan,


● What is the full form of CBS?


Answer :- Core Banking Solution,


● Many a time we read a term PPP in financial dailies/magazines. What is the full form of the same as used in financial world?


Answer :- Purchasing Power Parity,


● What does BIOS stand for?


Answer :- Basic Input Output System,


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


Answer :- Ultra Small Branch,


● HTTP stands for –


Answer :- Hyper Text Transfer Protoco.


● What does PDF stand for?


Answer :- Portable Document Format.


● HTML stands for –


Answer :- Hyper Text Mark up Language.


● What does NEFT stand for -


Answer :- National Electronic Fund Transfer.


● What is the full form of MICR? 


Answer :- Magnetic Inc Character Recognition.


● IFSC stands for –


Answer :- Indian Financial System Code.


● ISP stands for –


Answer :- Internet Service Provider.


● What is the full form of ECS?


Answer :- Electronic Clearing System.


● CST stands for –


Answer :- Central Sales Tax.


● What is the full form of CRR?


Answer :- Cash Reserve Ratio.


● UDP stands for –


Answer :- User Datagram Protocol.


● RTC stands for –


Answer :- Real Time Clock.


● What is the full form of IP?


Answer :- Internet Protocol.


● CAG stands for –


Answer :- Comptroller and Auditor General.


● What is the full form of FERA?


Answer :- Foreign Exchange Regulation Act.


● ISRO stands for –


Answer :- International Space Research organization.


● ISDN stands for –


Answer :- Integrated Services Digital Network.


● What is the full form of SAARC?


Answer :- South Asian Association for Regional co – operation.


● OMR stands for –


Answer :- Optical Mark Recognition.


● What is the full form of AHRL?


Answer :- Asian Human Right Commission.


● JPEG stands for –


Answer :- Joint photo Expert Group.


● What is the full form of URL?


Answer :- Uniform Resource Locator.


● IRDP stands for –


Answer :- Integrated Rural Development programme.


● ASLV stands for –


Answer :- Augmented satellite Launch vehicle.


● What is the full form of ICU?


Answer :- Intensive Care Unit.


● ATM stands for –


Answer :- Automated Teller Machine.


● CTS stands for –


Answer :- Cheque Transaction System.


● What is the full form of CTR?


Answer :- Cash Transaction Receipt.


● NEFT stands for –


Answer :- National Electronic Funds Transfer.


● What is the full form of GDP?


Answer :- Gross Domestic Product.


● FDI stands for –


Answer :- Foreign Direct Investment.


● EPFO stands for –


Answer :- Employees Provident Fund Organization.


● What is the full form of CRR?


Answer :- Cash Reserve Ratio.


● CFRA stands for –


Answer :- Combined Finance & Revenue Accounts.


● What is the full form of GPF?


Answer :- General Provident Fund.


● GMT stands for –


Answer :- Global Mean Time.


● What is the full form of GPS?


Answer :- Global Positioning System.


● GNP stands for –


Answer :- Gross National Product.


● What is the full form of SEU?


Answer :- Slightly Enriched Uranium.


● GST stands for –


Answer :- Goods and Service Tax.