List of Abbreviations

An abbreviation is a word or phrase that has been shortened. When people find it difficult to speak or recall long sentences, words, or phrases, they will shorten them. There are numerous short forms that we have heard or used but are unaware of their full expanded versions. We’ve compiled a list of the most commonly used/important abbreviations that are frequently asked in competitive exams such as Bank Exams, IBPS Recruitment Exams, UGC NET or CSIR NET, IIT JAM, SSC, and RRB, and so on. This blog will help aspirants preparing for any type of competitive exam, such as Banking, SSC, PG Entrance Exams, and so on because we have given a list of the most common abbreviated versions in alphabetical order.

List of Abbreviations: “A”

S.No.	Abbreviations	Expansions
1.	ADB	Asian Development Bank
2.	ADR	American Depositary Receipt
3.	AGM	Annual General Meeting
4.	APEC	Asia-Pacific Economic Cooperation
5.	APL	Above Poverty Line
6.	APM	Administered Pricing Mechanism
7.	ARC	Asset Reconstruction Company
8.	ARDR	Agricultural and Rural Debt Relief
9.	ASBA	Application Supported by Block Amount
10.	ASEAN	Association of South-East Asian Nations
11.	ASEM	Asia-Europe Meeting
12.	ASSOCHAM	Associated Chambers of Commerce and Industry of India
13.	ATM	Asynchronous Transfer Mode
14.	ATM	Automated teller machine
15.	AM	Ante Meridiem

Abbreviations Starting with “B”

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
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

List of Abbreviations: “C”

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.	CRAR	Capital to Risk Weighted Asset Ratio
33.	CRISIL	Credit Rating Information Services of India Limited
34.	CRR	Cash Reserve Ratio
35.	CSIR	Council of Scientific and Industrial Research

Abbreviations Strating with “D”

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

List of Abbreviations: “E”

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.	EGOM	Empowered Group of Ministers
8.	EMI	Equated Monthly Installment
9.	EMS	European Monetary System
10.	EPF	Employees Provident Fund
11.	EPFO	Employees Provident Fund Organization
12.	ERNET	Educational and Research Network
13.	ESA	European Space Agency
14.	ESCAP	Economic and Social Commission for Asia and Pacify
15.	ESMA	Essential Services Maintenance Act
16.	ESOP	Employee Stock Option Program
17.	EU	European Union
18.	EXIM	Export Import Bank of India

“F” Letter Abbreviations

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.	FIPB	Foreign Investment Promotion Board (Of India)
10.	FMCG	Fast Moving Consumer Goods
11.	FPO	Follow on Public Offer
12.	FTA	Free Trade Area

 List of Abbreviations: “G”

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.	GNP	Gross National Product
6.	GOI	Government of India
7.	GST	Goods and Service Tax

 List of Abbreviations: “H”

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

“I” Abbreviations

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.	ITO	International Trade Organization; Income-Tax Officer
47.	ITU	International Tele-Communication Union

Abbreviations Starting with “J”

S.No.	Abbreviations	Expansions
1.	JNNURM	Jawaharlal Nehru National Urban Renewal Mission

List of Abbreviations: “K”

S.No.	Abbreviations	Expansions
1.	KPO	Knowledge Process Outsourcing
2.	KYC	Know your customer

List of Abbreviations: “L”

S.No.	Abbreviations	Expansions
1.	LAMPS	Large-sized Adivasi Multipurpose Societies
2.	LIC	Life Insurance Corporation (Of India)
3.	LLP	Limited Liability Partnership

List of Abbreviations: “M”

S.No.	Abbreviations	Expansions
1.	MA	Moving Average
2.	MAIT	Manufacturers’ Association for Information Technology
3.	MAT	Minimum Alternative Tax
4.	MCA	Ministry of Company Affairs
5.	MCAP	Market capitalization / Mid cap
6.	MDG	Millennium development goals
7.	MEP	Minimum Export Pric
8.	MFA	Multi-Fiber Agreement
9.	MFI	Micro finance institution
10.	MFIN	Micro finance institution network
11.	MFN	Most Favored Nation
12.	MGNREGA	National Rural Employment Guarantee Act
13.	MIBOR	Mumbai Interbank offer rate
14.	MICR	Mumbai Interbank offer rate
15.	MNC	Multi-National Corporation
16.	MRP	Maximum Retail Price
17.	MRTPC	Monopolies and Restrictive Trade Practices Commission
18.	MRTS	Mass Rapid Transit System
19.	MSME	Micro Small and Medium Enterprises
20.	MSP	Minimum support price
21.	MT	Mail Transfer
22.	MTO	Multilateral Trade Organization

List of Abbreviations: “N”

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

List of Abbreviations: “O”

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.	ONGC	Oil And Natural Gas Commission
8.	OPEC	Organization Of Petroleum Exporting Countries
9.	OSCE	Organization For Security And Cooperation In Europe

List of Abbreviations: “P”

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

List of Abbreviations: “Q”

S.No.	Abbreviations	Expansions
1.	QIB	Qualified Institutional Buyer
2.	QIP	Qualified Institutional Placement
3.	QR	Quantitative Restriction

List of Abbreviations: “R”

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.	RSETI	Rural Self Employment Training Institute
10.	RTGS	Real Time Gross Settlement

List of Abbreviations: “S”

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

List of Abbreviations: “T”

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

List of Abbreviations: “U”

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.	UNHCR	United Nations High Commissioner For Refugees
9.	UNHRC	United Nations Human Rights Commission
10.	UNICEF	United Nations International Children’s (Emergency) Fund
11.	UNIDO	United Nations Industrial Development Organization
12.	UNRRA	United Nations Relief And Rehabilitation Administration
13.	US	United States
14.	USD	US Dollars
15.	USE	United Stock Exchange

Abbreviations Starting with “V”

S.No.	Abbreviations	Expansions
1.	VAT	Value-Added Tax
2.	VC	Venture Capital
3.	VDIS	Voluntary Disclosure Of Income Scheme

“W” Abbreviations

S.No.	Abbreviations	Expansions
1.	WEF	World Economic Forum
2.	WHO	World Health Organization
3.	WIPO	World Intellectual Property Organization

We have tried to add the most common and Important Abbreviations for Competitive Banking Exams and Government Exams. We hope the information provided was helpful. For more educational content, stay connected with Leverage Edu. Happy learning!