IBPS Capsule - Banking-Abbreviations

1	DTL stands for		Demand and Time Liabilities
2	PAC stands for		Primary Agricultural Cooperative Societies
3	KYC means		Know Your Customer
4	CAR stands for		Capital Adequacy Ratio
5	ECB stands for		External Commercial Borrowings
6	NEFT stands for		National Electronic Funds Transfer System
7	CRM stands for		Customer Relationship Management
8	EFT Stands for		Electronic Funds Transfer
9	NRE deposit is		Non Resident External Deposit
10	ASBA stands for		Application Supported by Blocked Amount
11	FDI stands for		Foreign Direct Investment
12	IFRS stands for		International financial Reporting Standards
13	The full form of PIN in the parlance of an ATM card is		Personal Identification Number
14	FRBM Stands for		Fiscal Responsibility and Budget Management
15	GNP stands for		Gross National Product
16	Expand BIFR in the context of the Indian industry, is		Board for Industrial and Financial Reconstruction
17	FIMMDA stands for		Fixed Income Money Markets and Derivatives Association
18	Expand the term SWIFT		Society for Worldwide International Financial Telecommunications
19	What is the full form of ULIP?		Unit Linked Insurance Plan
20	Which of the following is the full form of SOFA?		Status of Forces Agreement                                                By-ExamAddaa Team