Important Banking Abbreviations for Upcoming exams
This set contains important Banking Abbreviations for upcoming banking and insurance exams like SBI PO, IBPS PO, RRB PO, NICL, IBPS Clerk. In recent exams the number of questions asked has increased. So be prepared with these some uncommon expected abbreviations. Important Banking Abbreviations SBI PO IBPS PO
- Payment of coupons on PDI from the revenue reserves is subject to the issuing bank meeting minimum regulatory requirements for CET1. What does P stands for in PDI?
A) Portfolio
B) Paid up
C) Perpetual
D) Participatory
- What does R stands for in CFR with respect to Fraud Management?
A) Reporting
B) Registry
C) Relevance
D) Response
- Restructuring of loan accounts with exposure of above Rs.25 crore will continue to be governed by the extant guidelines on CDR / JLF mechanism. What does C stands for in CDR?
A) Capital
B) Cash
C) Corporate
D) Central
- In the case of MLTGD, the redemption of principal at maturity shall, at the option of the depositor, be either in Indian Rupee equivalent of the value of deposited gold at the time of redemption, or in gold. What does M stands for in MLTGD?
A) Monetary
B) Monetization
C) Medium
D) Managed
- The information regarding UFCE of individual borrowers shall be reported on a quarterly basis to all the four CICs by the lending bank. What does U stands for in UFCE?
A) Undertaking
B) Underlying
C) Unified
D) Unhedged
- The aggregate exposure limit of all banks towards the PCE for a given bond issue has been capped at 20 per cent of the bond issue size. What does P stands for in PCE?
A) Partial
B) Primary
C) Progressive
D) Prompt
- Banks must apply LEF at the same level as the risk-based capital requirements are applied. What does L stands for in LEF?
A) Large
B) Liquidity
C) Liability
D) Loan
- What does P stands for in OTP in relation to e-KYC?
A) Password
B) Pin
C) Present
D) Principle
- What does U stands for in USSD?
A) Unified
B) Unstructured
C) Unsymmetrical
D) Undertaking
- FBIL shall publish rates / prices for the reference rate / asset/derivatives as the case may be for arriving at settlement value in the OTC market. What does B stands for in FBIL?
A) Branch
B) Banking
C) Beneficiary
D) Benchmark
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Some More Abbreviations
- TDR-Transferable Development Right.
- FLC– Financial Literacy Centres
- HQLA– High Quality Liquid Assets
- LCR – Liquidity Coverage Ratio
- SDR– Strategic Debt Restructuring
- FCTR– foreign currency translation reserve
- DTA– Deferred tax assets
- SMA– Special Mention Account
- DDA– Diamond Dollar Account
- ODI – Overseas Direct Investment
- PSO – Payment System Operators
- EOU – Export Oriented Unit
- EPZ – Export Processing Zone
- CCIL – Clearing Corporation of India Ltd.
- CDES – Currency Distribution and Exchange Scheme
- SBN– Specified Bank Notes
- CGSS– Chest Guarantee Scheme for SBN Deposits
- CNP – Card Not Present ; CP= Card Present
- AFA– Additional Factor of Authentication
- PPI – Prepaid Payment Instrument
- MDR – Merchant Discount Rate
mam/ sir i want to ask that nicl ao pre’s
level must be like of sbi pre
most probably yes because both are officer level exam
ohhkk sir :))
thank you sir
all these abbreviations and full form are taken from rbi website as it is..
yes,, because ibps also follows rbi .. :))
http://aspirantszone.com/computer-aptitude/
ys sir pin diya vhan pe
Sir IMPS, RTGS and NEFT ki conditions and amounts me bht confusion hota hai… aap difference bta skte hai… ek saath
3 cheez k basis pe difference dekh sakte hai.. on is amount and one is duration in which money is transferred and 3rd operating hours
1: Amount Limit (Note that different banks have different limits in IMPS)
RTGS- Rs 2 lakh to No limit
NEFT- No limit- No limit
IMPS – Banks are free to set their own limit
2: TIme taken for monet transfer
RTGS: Instant
NEFT: Takes 1-2 hour
IMPS: Instant
3: Working Hour
RTGS: 8 Am to 4:30 PM
NEFT: 8 AM to 6:30 PM
IMPS: 24 hours
Thankyou soo much Sir..thanks a lot 🙂
R These questions works for ibps ND rrb po too???
yes they are important for all exams
Yes yes
thank you sir:)
ty sir
hey dr..kaise ho?? bob xam diya thaa kya??
bekar gaya
hehehe sad mat ho yar..next dena..tumhara??
great..sbi po..al d best 🙂
hmm al d best bola kar gudluck mei luck word mujhe bilkul pasand nahi hai..luck naam ki cheez hi nahi hai mere life mei 🙂
ty
Excellent WORK ADmin !!
Ty
Great work
thankyou Sir 🙂
thks
otp = one time password @surajskt:disqus sir
one time pin; on rbi website
meko b yehi lagta tha for otp, but actual pin hai
Thank u …
Thanks…. Awsm site?
thnx
bhai ap eng kaise krte ho………rules for grammar kaise kiya…for error spotting???
englissh tukka bhai… meri bhi kmzor h…..mai bs rrb ke bharose chlra
930327 715278Rattling clean internet web site , thanks for this post. 329694