IMPORTANT BANKING ABBREVIATION 2020: If you are aspiring to sit for any Govt exam this year, you need to start preparing right now.
As you know the competition is really very tough. So you need to prepare in a proper manner in order to succeed in Exams.
Before Preparing for any exam, it is important to know which type of exam you are preparing for. You should have complete knowledge about the Question pattern and the Selection Procedure.
General Awareness Section is one of the most important topics for all competitive exams. So start preparing right now and leads ahead of millions of students.
Abbreviations are mostly asked in banking exams, UPSC, SSC Exams, RRB, RBI, SBI, and all banking exams.
In this article, we are covering the Important Banking Abbreviation 2020. It is one of the most important topics for exams.
We have also provided a pdf for the candidate’s reference.
So candidates can download our list for their preparation to score more marks in Important Banking Abbreviation related questions.
The PDF download link is given below.
Important Banking Abbreviation 2020
| FCNR- FOREIGN CURRENCY NON-RESIDENT ACCOUNT AEBA- AADHAAR ENABLED BANK ACCOUNT PCA- PROMPT CORRECTIVE ACTION(CAR, NPA, ROA) MSF- MARGINAL STANDING FACILITY APBS- AADHAAR PAYMENT BRIDGE SYSTEM LAF- LIQUIDITY ADJUSTMENT FACILITY( REPO RATE + REVERSE REPO RATE) ELSS- EQUITY LINK SAVING SCHEME SFMS- STANDARD FINANCIAL MESSAGING SYSTEM CASA- CURRENT ACCOUNT SAVING ACCOUNT SWIFT- SOCIETY FOR WORLDWIDE INTERNABK FINANCIAL TELECOMMUNICATION( HQ- BRUSSELS, BELGIUM) LTV- LOAN TO VALUE RATIO |
| AMRUT- ATAL MISSION FOR REJUVENATION AND URBAN TRANSFORMATION MUDRA- MICRO UNIT DEVELOPMENT REFINANCE AGENCY PCA- PROMPT CORRECTIVE ACTION SHG- SELF HELP GROUP( NABARD) UPI- UNIFIED PAYMENTS INTERFACE( LAUNCHED BY NPCI IN 2016) WMA- WAYS AND MEANS ADVANCES(SHORT TERM LOAN) PCA- PROMPT CORRECTIVE ACTION IFSC- INDIAN FINANCIAL SYSTEM CODE(11 DIGIT CODE) UPI- UNIFIED PAYMENT INTERFACE NSDL- NATIONAL SECURITY DEPOSITORY LIMITED RERA- REAL ESTATE REGULATORY AUTHORITY CERSAI- CENTRAL REGISTRY OF SECURITIZATION ASSET RECONSTRUCTION AND SECURITY INTERNET |
| TIES- TRADE INFRASTRUCTURE FOR EXPORT SCHEME MIBOR- MUMBAI INTERBANK OFFERED RATE NCLT- NATIONAL COMPANY LAW TRIBUNAL EFTPOS- ELECTRONIC FUND TRANSFER AT POINT OF SALE CBLO- COLLATERALIZED BORROWING AND LENDING OBLIGATION NFS- NATIONAL FINANCE SWITCH AEPS- AADHAAR ENABLED PAYMENT SYSTEM LEI- LEGAL ENTITY INDENTIFIER(20 DIGIT CODE) NACH- NATIONAL AUTOMATED CLEARING HOUSE ECS- ELECTRONIC CLEARING HOUSE CNP- CARD NOT PRESENT |
| MUDRA-MICRO UNIT DEVELOPMENT REFINANCE AGENCY VPA- VIRTUAL PAYMENT ADDRESS APBS- AADHAAR PAYMENT BRIDGE SYSTEM RIDS- RURAL INFRASTRUCTURE DEVELOPMENT FUND SARFAESI- SECURITIZATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT( ACT 2002) NCLT- NATIONAL COMPANY LAW TRIBUNAL MDR- MERCHANT DISCOUNT RATE PMAY- PRADHAN MANTRI AWAS YOJANA MCLR- MARGINAL COST OF FUND BASED LENDING RATES FDI – FOREIGN DIRECT INVESTMENT CRR- CASH RESERVE RATIO MICR- MAGNETIC INK CHARACTER RECOGNITION NBFC- NON BANKING FINANCE COMPANIES RTGS- REAL TIME GROSS SETTLEMENT SYSTEM SHG-SELF HELP GROUP TDS-TAX DEDUCTED AT SOURCE VPA-VIRTUAL PAYMENT ADDRESS |
Static GK Topics 2020 For Bank Exams
Dear Aspirants, In this article we cover list of most important Static GK topics for the upcoming banking exams 2020-
- Country Capital
- Country Currency
- Important days
- Organizations, Headquarter & Heads
- Banking History
- Banking Terms and Abbreviations
- Banks headquarter, CMDs, Tagline
- Public and Private sector banks
- Merger of Banks
- RBI
- RBI Rates
- Small Finance Banks
- Denomination of Notes, New Notes
- Stock Exchange
- Revolution
- Census
- Budget
- National Thermal & Nuclear Power Plant
- Dams and river
- Stadium and grounds
- Rivers and Cities
- Wildlife Sanctuaries and parks
- Research centers in India
- Cabinet Ministers and Constituencies
- Indian Boundary Lines and Borders
- Latest awards and related fields, etc.
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Last Updated: July 7,2020 12:00:28 AM
