General Knowledge Important Abbreviations

Most Important Abbreviations

We will find that a few questions based on abbreviations are always asked if we observe the trend for past examinations for various entrance exams. Here's a small list for you that we've put together. Please go through it and try as best as you can to remember. For banking exams (Clerk, PO, MT), SSC, FCI, and other entrance exams, this is useful.

Popular Abbreviations for Competitive Exams

We provide you with comprehensive information regarding student abbreviations and acronyms. Our team has done research on abbreviations that are frequently asked in exams and provided you with the important questions that are frequently asked in all competitive exams. Make full use of the article by taking notes which will help in analyzing for a better score.

States and Capitals of India 2020

S.No. Abbreviations Expansions
1. ADB Asian Development Bank
2. ADR American Depositary Receipt
3. AGM Annual General Meeting
4. AIDWA All India Democratic Woman's Association
5. AITUC All India Trade Union Congress
6. AMFI Association of Mutual Funds in India
7. AO Additive Outliers
8. APEC Asia-Pacific Economic Cooperation
9. APL Above Poverty Line
10. APM Administered Pricing Mechanism
11. ARC Asset Reconstruction Company
12. ARDR Agricultural and Rural Debt Relief
13. ASBA Application Supported by Block Amount
14. ASEAN Association of South-East Asian Nations
15. ASEM Asia-Europe Meeting
16. ASSOCHAM Associated Chambers of Commerce and Industry of India
17. ATM Asynchronous Transfer Mode
18. ATM Automated teller machine
19. ATM Ante Meridiem
S.No. Abbreviations Expansions
1. BCBS Basel committee for Banking Supervision
2. BCSBI Banking Codes and Standards Board of India
3. BIFR Board of Industrial and Financial Reconstruction
4. BIS Bank for International Settlements
5. BIS Bureau of Indian Standards
6. BOLT BSE On-Line Trading (System)
7. BOP Balance of Payments
8. BOT Build, Operate and Transfer
9. BPL Below Poverty Line
10. BPO Business Process Outsourcing
11. BSCS Biological Sciences Curriculum Study
12. BSE Bombay Stock Exchange
13. BSR Basic Statistical Returns
S.No. Abbreviations Expansions
1. C & AG Comptroller & Auditor General
2. CA Chartered Accountant
3. CABE Central Advisory Board of Education
4. CACP Commission of Agriculture Cost and Price
5. CAD Capital Account Deficit
6. CAG Controller and Auditor General of India
7. CAMELS C-Capital adequacy, A-Asset quality, M-Management quality, E-Earnings, L-Liquidity, S-Sensitivity to Market Risk
8. CAPART Council for People's Action and Advancement of Rural Technology
9. CAR Capital adequacy ratio
10. CARE Credit Analysis & Research Ltd.
11. CBS Core banking solution
12. CC Cash Credit
13. CCI Competition Commission of India
14. CCIL Clearing Corporation of India limited
15. CD Certificate of Deposit
16. CDSL Central Securities Depository Limited
17. CECA Comprehensive Economic Cooperation Agreement
18. CEPA Comprehensive Economic Partnership Agreement
19. CFRA Combined Finance and Revenue Accounts
20. CHOGM Commonwealth Heads of Government Meeting
21. CIBIL Credit Information Bureau (India) Ltd
22. CII Confederation of Indian Industry
23. CIS Commonwealth of Independent States
24. CITES Convention on International Trade in Endangered Species
25. CITU Centre Of Indian Trade Unions
26. CMP Common Minimum Program
27. CO Capital Outlay
28. CP Commercial Paper
29. CPI Consumer Price Index
30. CPI (AL) Consumer Price Index for Agricultural Labors
31. CPI (IW) Consumer Price Index for Industrial Workers
32. CPI (RL) Consumer Price Index for Rural Labors
33. CPI (UNME) Customer Price Index for Urban Non-Manual Employees
34. CR Capital Receipts
35. CRAR Capital to Risk Weighted Asset Ratio
36. CRISIL Credit Rating Information Services of India Limited
37. CRR Cash Reserve Ratio
38. CSIR Council of Scientific and Industrial Research
39. CST Central Sales Tax
40. CTT Commodities Transaction Tax
S.No. Abbreviations Expansions
1. DA Dearness Allowance; Daily Allowance
2. DAP Development Action Plan
3. DBOD Department of Banking Operations & Development
4. DBS Bank Ltd The Development Bank of Singapore Ltd.
5. DCA Department of Company Affairs
6. DCM Department of Currency Management
7. DD Demand Draft
8. DDS Data Dissemination Standards
9. DICGC Deposit Insurance and Credit Guarantee Corporation of India
10. DMA Departmentalized Ministries Account
11. DMIC Delhi-Mumbai Industrial Corridor
12. DPEP District Primary Education Program
S.No. Abbreviations Expansions
1. ECA Essential Commodity Act
2. ECB External Commercial Borrowings
3. ECS Electronic Clearing Service
4. EDUSAT Education Satellite
5. EEE Exempt Exempt Exempt
6. EEFC Account Exchange Earners Foreign Currency Account
7. EET Exempt Exempt Taxation
8. EFA Education for All
9. EFT Electronic fund transfer
10. EGOM Empowered Group of Ministers
11. EMI Equated Monthly Installment
12. EMS European Monetary System
13. EPF Employees Provident Fund
14. EPFO Employees Provident Fund Organization
15. ERNET Educational and Research Network
16. ESA European Space Agency
17. ESCAP Economic and Social Commission for Asia and Pacify
18. ESMA Essential Services Maintenance Act
19. ESOP Employee Stock Option Program
20. EU European Union
21. EXIM Export Import Bank of India
S.No. Abbreviations Expansions
1. FAO Food and Agriculture Organization
2. FCCB Foreign Currency Convertible Bond
3. FCNR Foreign Currency (Non-Resident) Accounts Scheme
4. FDI Foreign Direct Investment
5. FEMA Foreign Exchange Management Act
6. FERA Foreign Exchange Regulations Act
7. FICCI Federation of Indian Chambers of Commerce and Industry
8. FII Foreign Institutional Investors
9. FIMMDA Fixed Income Money Market and Derivatives Association of India
10. FIPB Foreign Investment Promotion Board (Of India)
11. FMCG Fast Moving Consumer Goods
12. FPO Follow on Public Offer
13. FRBM Fiscal Responsibility And Budget Management
14. FSSA Food Safety And Standards Authority (Of India)
15. FTA Free Trade Area
S.No. Abbreviations Expansions
1. GATT General Agreement On Tariffs And Trade
2. GCC Gulf Cooperation Council
3. GDP Gross Domestic Product
4. GDR Global Depositary Receipt
5. GEF Global Environment Fund
6. GIC General Insurance Corporation
7. GNP Gross National Product
8. GOI Government of India
9. GST Goods and Service Tax
S.No. Abbreviations Expansions
1. HDFC Housing Development Finance Corporation Limited
2. HDI Human Development Index
3. HSBC Hong Kong and Shanghai Banking Corporation Limited
4. HUDCO Housing & Urban Development Corporation
S.No. Abbreviations Expansions
1. IAAI International Airport Authority Of India
2. IAAS Indian Audit and Accounts Service
3. IADF International Agricultural Development Fund
4. IAEA International Atomic Energy Agency
5. IASB The International Accounting Standards Board
6. IBRD International Bank for Reconstruction and Development
7. ICAI Institute of Chartered Accountants of India
8. ICAR Indian Council of Agricultural Research
9. ICCW Indian Council for Child Welfare
10. ICDS Integrated Child Development Service
11. ICICI Industrial Credit and Investment Corporation of India
12. ICMR Indian Council of Medical Research
13. ICOR Incremental capital output ratio
14. ICRA Investment information and Credit Rating Agency
15. ICRC International Committee of Red Cross
16. IDA International Development Association
17. IDBI Industrial Development Bank of India
18. IDR Indian Depository Receipts
19. IES Indian Economic Service
20. IEX Indian Energy Exchange
21. IFAD International Fund for Agricultural Development
22. IFC International Finance Corporation
23. IFRS International Financial Reporting Standard
24. IFSC Indian Financial System Code
25. IFTU International Federation of Trade Unions
26. IFWJ Indian Federation of Working Journalists
27. IIP The Index of Industrial Production
28. IIPA Indian Institute of Public Administration
29. IISS International Institute of Strategic Studies
30. ILO International Labor Organization
31. IMF International Monetary Fund
32. IMO International Maritime Organization
33. IMRB Indian Market Research Bureau
34. INMARSAT International Maritime Satellite Organization
35. INR Indian Rupee
36. INTERPOL International Police Organization
37. INTUC Indian National Trade Union Congress
38. IOC International Olympic Committee
39. IP Interest Payment
40. IPCC Intergovernmental Panel on Climate Change
41. IPEC International Program on Elimination Of Child Labor
42. IPO Initial public offer
43. IPR Intellectual Property Right
44. IRDA Insurance Regulatory and Development Authority
45. IREP Integrated Rural Energy Planning
46. ISO International Standardization Organization
47. ISS International Space Station
48. ITDC Indian Tourism Development Corporation
49. ITO International Trade Organization; Income-Tax Officer
50. ITU International Tele-Communication Union
S.No. Abbreviations Expansions
1. KPO Knowledge Process Outsourcing
2. KVIC Khadi & Village Industries Corporation
3. KYC Know your customer
S.No. Abbreviations Expansions
1. LAMPS Large-sized Adivasi Multipurpose Societies
2. LDC Least Developed Countries
3. LIBOR London Inter Bank Offer Rate
4. LIC Life Insurance Corporation (Of India)
5. LLP Limited Liability Partnership
S.No. Abbreviations Expansions
1. NABARD National Bank for Agriculture and Rural Development
2. NAEP National Adult Education Program
3. NAFED National Agricultural Cooperative Marketing Federation of India Ltd
4. NAFTA North America Free Trade Agreement
5. NAM Non-Aligned Movement
6. NAMA Non-Agriculture Market Access
7. NASDAQ National Association of Securities Dealers Automated Quotation
8. NASSCOM National Association of Software and Services Companies
9. NATO North Atlantic Treaty Organization
10. NAV Net Asset Value
11. NBFC Non-Banking Finance Companies
12. NCAER National Council Of Applied Economic Research
13. NCERT National Council Of Education Research And Training
14. NCPCR National Commission for Protection of Child Rights
15. NDC National Development Council
16. NEFT National Electronic Fund Transfer
17. NEGP National E-Governance Plan
18. NEP National Education Policy
19. NFO New Fund Offers
20. NGO Non-Governmental Organization
21. NHAI National Highways Authority of India
22. NHDP National Highways Development Project
23. NHRC National Human Rights Commission
24. NIC National Industrial Classification
25. NIFT National Institute of Fashion Technology
26. NIO National Institute of Oceanography
27. NLMA National Literacy Mission Authority
28. NMDC National Mineral Development Corporation
29. NNP Net National Production
30. NOHFC non-operative financial holding company
31. NPA Non-Performing Asset
32. NPR National Population Register
33. NRI Non-Resident Indian
34. NSC National Statistical Commission
35. NSDL National Securities Depository Limited
36. NSE National Stock Exchange
37. NSSO National Sample Survey Organization
38. NTPC National Thermal Power Corporation
S.No. Abbreviations Expansions
1. OD Over Draft
2. ODA Official Development Assistance
3. OECD Organization of Economic Co-Operation and Development
4. OGL Open General License
5. OIC Organization of Islamic Countries
6. OIL Oil India Limited
7. OLTAS Online Tax Accounting System
8. OMCS Oil Marketing Companies
9. ONGC Oil And Natural Gas Commission
10. OPEC Organization Of Petroleum Exporting Countries
11. OSCE Organization For Security And Cooperation In Europe
S.No. Abbreviations Expansions
1. PAC Public Accounts Committee
2. PACS Primary Agriculture Credit Societies
3. PAN Permanent Account Number (Of Income-Tax)
4. PATA Pacific-Asia Travel Association
5. PCI Per capita income
6. PD Primary Deficit
7. PDO Public Debt Office
8. PDS Public Distribution System
9. PIL Public Interest Litigation
10. PIO Persons Of Indian Origin
11. PN Participatory Note
12. PNB Punjab National Bank
13. PO Principal Office
14. POP Point Of Purchase
15. PPF Public Provident Fund
16. PPP Public private partnership / Purchasing power parity
17. PSE Public Sector Enterprises
18. PTA Preferential Trade Area
19. PURA Providing urban amenities in rural areas
20. PM Post Meridiem
S.No. Abbreviations Expansions
1. QIB Qualified Institutional Buyer
2. QIP Qualified Institutional Placement
3. QR Quantitative Restriction
S.No. Abbreviations Expansions
1. RBI Reserve Bank Of India
2. RDBMS Relational Database Management System
3. RE Revenue Expenditure
4. REC Rural Electrification Corporation
5. RIDF Rural infrastructure development fund
6. RMB Renminbi (Chinese)
7. RR Revenue Receipts
8. RRB Regional Rural Bank
9. RRPI Rural Retail Price Index
10. RSETI Rural Self Employment Training Institute
11. RTGS Real Time Gross Settlement
S.No. Abbreviations Expansions
1. SAARC South Asian Association for Regional Co-Operation
2. SAFTA South Asian Free Trade Area
3. SAIL Steel Authority of India Limited
4. SAM Social Accounting Matrix
5. SAPTA SAARC Preferential Trading Agreement
6. SARFAESI ACT The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
7. SBI State Bank of India
8. SC Schedule Caste
9. SCO Shanghai Cooperation Organization
10. SCOPE Standing Conference On Public Enterprises
11. SDF shipping declaration form
12. SDR Special Drawing Rights
13. SEBI Securities and Exchange Board of India
14. SEWA Self-employed woman's association
15. SEZ Special Economic Zone
16. SFC State Financial Corporation
17. SGL Subsidiary General Ledger
18. SIDBI Small Industries Development Bank of India
19. SLR Statutory Liquidity Ratio
20. SSI Small-Scale Industries
21. ST Schedule Tribe
22. STDR Special Term Deposit Receipt
23. STT Securities Transaction Tax
24. SWIFT Society for Worldwide Financial Telecommunications
S.No. Abbreviations Expansions
1. TC Temporary Change
2. TDS Tax Deduction at Source
3. TIFR Tata Institute Of Fundamental Research
4. TIN Tax Information Network
5. TINXSYS Tax Information Exchange System
6. TISCO Tata Iron and Steel Company
7. TPDS Targeted Public Distribution System
8. TRAI Telecom Regulatory Authority Of India
9. TRIMS Trade Related Investment Measures
10. TRIPS Trade Related Intellectual Property Rights
11. TRYSEM Training Of Rural Youth For Self Employment
12. TT Telegraphic Transfer
S.No. Abbreviations Expansions
1. UCO United Commercial Bank
2. UN United Nations
3. UNCTAD United Nations Conference On Trade And Development
4. UNDP United Nations Development Program
5. UNEF United Nations Emergency Force
6. UNEP United Nations Environment Program
7. UNESCO United Nations Educational, Scientific And Cultural Organization
8. UNFCCC United nation framework convention on climate change
9. UNFPO United Nations Fund For Population Activities
10. UNHCR United Nations High Commissioner For Refugees
11. UNHRC United Nations Human Rights Commission
12. UNICEF United Nations International Children's (Emergency) Fund
13. UNIDO United Nations Industrial Development Organization
14. UNRRA United Nations Relief And Rehabilitation Administration
15. US United States
16. USD US Dollars
17. USE United Stock Exchange
S.No. Abbreviations Expansions
1. VAT Value-Added Tax
2. VC Venture Capital
3. VDIS Voluntary Disclosure Of Income Scheme
4. VRS Voluntary Retirement Scheme
S.No. Abbreviations Expansions
1. WEF World Economic Forum
2. WFP World Food Program
3. WHO World Health Organization
4. WIPO World Intellectual Property Organization
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