IMPORTANT ABBREVIATIONS VOLUME IV FREE STATIC GK EBOOK
In banking and competitive examinations, general awareness and current affairs play
an important role in determining the final score and outcome of the candidate. In
general awareness and current affairs, static GK forms an important part that cannot
be overlooked. From the perspective of examination, since Static GK does not keep
changing, it is relatively easier to score marks in it if you study it regularly and revise
it to keep your memory fresh. Therefore, to help you score some marks with relative
ease, we at Oliveboard continually come out with static GK information put together in
the form of e-books. In this e-book, we have included the fourth volume of banking
abbreviations. Let’s see once more how a question regarding banking abbreviations
may appear in the examination –
Choose the correct full form of this abbreviation: GNIE
a. Gross Net Income and Expenditure
b. Gross Net Individual Expenditure
c. Genuine Net Income Evidence
d. Government Not Included Elsewhere
The correct answer for this is (d.) Government Not Included Elsewhere.
IMPORTANT ABBREVIATIONS VOLUME IV FREE STATIC GK EBOOK
In competitive examinations, the importance of even 1 mark cannot be
underestimated. Hence, feel free to use this guide as a reference to gain or refresh
your knowledge regarding some important banking abbreviations.
Sr. No. Abbreviation Full-Form
1 GFS Government Finance Statistics
2 GIC General Insurance Corporation
3 GLS Generalized Least Squares
4 GNIE Government Not Included Elsewhere
5 GoI Government of India
6 GPD Gross Primary Deficit
7 G-Sec Government Securities
8 HFT Held For Trading
9 HICP Harmonised Index of Consumer Prices
10 HO Head Office
11 IBRD International Bank of Reconstruction and Development
12 IBS International Banking Statistics
13 ICAR Indian Council of Agricultural Research
14 IFR Investment Fluctuation Reserve Account
15 IGLS Iterative Generalized Least Squares
16 IIBI Industrial Investment Bank of India
17 IIP Index of Industrial Production
18 IOTT Input-Output Transaction Table
19 IP Interest Payment
20 IRBI Industrial Reconstruction Bank of India
21 ISDA International Swaps and Derivative Association
22 ISIC International Standard Industrial Classification
23 ISO International Standards Organization
24 ITRS International Transaction Reporting System
25 KVIC Khadi & Village Industries Corporation
26 LAMPS Large-sized Adivasi Multipurpose Societies
27 LERMS Liberalised Exchange Rate Management System
28 NEER Nominal Effective Exchange Rate
29 MIGA Multilateral Investment Guarantee Agency
30 MMSE Minimum Mean Squared Errors
31 MOF Master Office File
32 MTM Mark-To-Market
33 NFD Net Fiscal Deficit
34 MRM Monitoring and Review Mechanism
35 NAIO Non-Administratively Independent Office
36 NIF Note Issuance Facility
37 NR(NR)RA Non-Resident (Non-Repatriable) Rupee Account
IMPORTANT ABBREVIATIONS VOLUME IV FREE STATIC GK EBOOK
Sr. No. Abbreviation Full-Form
38 NR(E)RA Non-Resident (External) Rupee Account
39 NSSF National Small Savings Fund
40 ODA Official Development Assistance
41 OFI Other Financial Institutions
42 OMO Open Market Operations
43 OLTAS On-Line Tax Accounting System
44 PDAI Primary Dealers Association of India
45 PDO Public Debt Office
46 PDO-NDS Public Debt Office-cum-Negotiated Dealing System
47 PACS Primary Agriculture Credit Societies
48 RIDF Rural Infrastructure Development Fund
49 RLA Recoveries of Loans & Advances
50 RLC Repayment of Loans to Centre
51 RoCs Registrars of Companies
52 RUF Revolving Underwriting Facility
53 SAM Social Accounting Matrix
54 RTP Reserve Tranche Position
55 SDDS Special Data Dissemination Standards
56 SCS Size Class Strata
57 SDR Special Drawing Right
58 WGMS Working Group on Money Supply: Analytics and
Methodology of Compilation
59 WPI Wholesale Price Index
60 WSS Weekly Statistical Supplement