ABBREVIATIONS

ASEAN- Association of South East Asian Nations

ASER -Annual Status of Education Report

ATM Automated Teller Machine

AMFI Association of Mutual Fund in India.

APBS Aadhaar Payment Bridge System

ADF Automated Data Flow

ADB Asian Development Bank

BACS Banking Automated Clearing System, Access Control Server

ARC Asset Reconstruction Companies

AIF Alternative Investment Fund

BSE Bombay Stock Exchange

BIRD Bankers Institute of Rural Development.

BIS Bank for International Settlements.

BPLR Benchmark Prime Lending Rate.

BPCL- Bharat Petroleum Corporation Limited

BRICS -Brazil, Russia, India, China and South

Africa   

CCIL Clearing Corporation of India Limited

CPFF Commercial Paper Funding Facility

CAR Capital Adequacy Ratio

CRR Cash Reserve Ratio

CARE Credit Analysis and Research Limited

CPI Consumer Price Index

CBS Core Banking Solutions

CRISIL Credit Rating Information Services Of India

CIBIL Credit Information Bureau of India Limited.

CAD- Current Account Deficit

CAG- Comptroller and Auditor General of India

CAGR -Compound Annual Growth Rate

CBR- Cultivated Biological Resources

CFPI -Consumer Food Price Index

CIRP -Corporate Insolvency Resolution Process

CLSS -Credit Linked Subsidy Scheme

CoC -Committee of Creditors

COP -Conference of Parties

CPI -Consumer Price Index

CRAR- Capital to Risk-weighted Asset Ratio

CSO -Central Statistics Office

DARE -Department of Agricultural Research and

Education

DGFT Directorate General of Foreign Trade

DIPAM Department of Investment and public

Asset Management

DIPP Department of Industrial Policy and

Promotion

DISCOMS Distribution Companies

DSIR Department of Scientific & Industrial

Research

DTA Domestic Tariff Area

EBRD European Bank for Reconstruction and

Development

EFTA European Free Trade Association

EIB- European Investment Bank

e-NAM -Electronic National Agriculture Market

ETF- Exchange Traded Fund

EU -European Union

FAO- Food & Agriculture Organisation

FC -Financial Creditor

FCI -Food Corporation of India

FDI -Foreign Direct Investment

FEEs -Foreign Exchange Earnings

GCC- Gulf Cooperation Council

GCCA- Grants for creation of capital assets

GCF- Gross Capital Formation

GDP- Gross Domestic Product

GFCE -Government Final Consumption Expenditure

GII- Global Innovation Index

GNI -Gross National Income

GNPA -Gross Non-Performing Advances

GPI -Gender Parity Index

GSDP -Gross State Domestic Product

GST- Goods and Services Tax

GT- Gross Tonnage

GVA -Gross Value Added

GW- Gigawatt

HFCs -Housing Finance Companies

HFCs- Hydrofluorocarbons

HPCL- Hindustan Petroleum Corporation Limited

HPI- Housing Price Index

HYVs- High Yielding Varieties

IBC-Insolvency and Bankruptcy Code

ICAR -Indian Council of Agricultural Research

IGS- The International Ground Station

IGST- Integrated Goods and Services Tax

IMF- International Monetary Fund

IPO- Indian Patent Office

IPP- Intellectual Property Products

IPR- Intellectual Property Rights

KCC-Kisan Credit Card

KWh -Kilowatt Hour

LAF -Liquidity Adjustment Facility

LEB Life Expectancy at Birth

LED- Light-Emitting Diode

LPI -Logistics Performance Index

MMR -Maternal Mortality Ratio

MPC- Monetary Policy Committee

MSF -Marginal Standing Facility

MSME -Micro, Small & Medium Enterprises

MSP -Minimum Support Price

MSS -Market Stabilisation Scheme

MT Metric Tonne

MW Megawatt

NABARD -National Bank for Agriculture and Rural

Development

NAREDCO -National Real Estate Development Council

NAS -National Accounts Statistics

NBFC -Non-Banking Financial Company

NBFCs- Non-Banking Financial Companies

NCDs -Non-Convertible Debentures

NCLT -National Company Law Tribunal

NCT -National Capital Territory

NCW- National Commission for Women

NDTL- Net Demand and Time Liabilities

NFC- Non Food Credit

NFSA- National Food Security Act

NHA- National Health Accounts

NHB-National Housing Bank

NHDP- National Highways Development Project

NICRA- National Innovations on Climate Resilient

Agriculture

NITI -National Institution for Transforming India

NPAs -Non-Performing Assets

NSDC- National Skill Development Council

NSSO -National Sample Survey Office

ODF -Open Defecation Free

OMSS -Open Market Sale Scheme

PDS- Public Distribution System

PE -Private Equity

PFCE -Private Final Consumption Expenditure

PMAY- Pradhan Mantri Awas Yojana

PMFBY- Pradhan Mantri Fasal Bima Yojana

PMI-Purchasing Manager’s Index

PMKSY -Pradhan Mantri Krishi Sinchayee Yojana

PPI -Producer Price Index

PSBs -Public Sector Banks

PSE -Public Sector Enterprise

PSF -Price Stabilization Fund

QFI- Qualified Foreign Investor

REITs- Real Estate Investment Trusts

RGI -Registrar General of India

RMSA- Rashtriya Madhyamik Shiksha Abhiyan

RRBs- Regional Rural Banks

RRR- Reverse Repo Rate

RSA -Restructured Standard Advances

SBM(G)- Swachh Bharat Mission (Gramin)

SCB -Scheduled Commercial Bank

SDG-Sustainable Development Goal

SDGs -Sustainable Development Goals

SDR- Special Drawing Rights

SEBI -Securities and Exchange Board of India

SEIS -Services Exports from India Scheme

SGST- State Goods and Services Tax

SHG-Self Help Group

SLR -Statutory Liquidity Ratio

SRR- Seed Replacement Rate

SSA -Sarva Shiksha Abhiyaan

TAN -Tax Deduction Account Number

TB -Treasury Bill

TPDS -Targeted Public Distribution System

TRAI -Telecom Regulatory Authority of India

UDAY- Ujjwal Discom Assurance Yojna

UNCTAD- United Nations Conference on Trade and

Development

UNDP -United Nations Development Programme

UNESCO -United Nations Educational, Scientific and

Cultural Organization

WPI Wholesale Price Index

WTO World Trade Organization

TIN  Tax Information Network/Telephone Identification Number.

UIDAI Unique Identification Development Authority of India

UPI United Payment Interface.

SWIFT Society for Worldwide Interbank Financial Telecommunication.

SIDBI Small Industries Development Bank of India.

RTGS Real Time Gross Settlement.

PSB Public Sector Bank.

MICR Magnetic Ink Character Recognition.

MSF Marginal Standing Facility.

NEFT National Electronic Fund Transfer.

NPA Non-Performing Assets.

NPCI National Payments Corporation of India.

PIN Personal Identification Number.

IFSC Indian Financial System Code

IMPS Immediate Payment Service

IPO Initial Public Offering

KYC Know Your Customer

LIBOR London Inter-Bank Offered Rate.

ICRA Indian Credit Rating Agency.

IRBI Industrial Reconstruction Bank Of India

IPPB India Post Payments Bank

ICICI Industrial Credit and Investment Corporation of India

IBA Indian Bank Associations.

HDFC Housing Development Finance Corporation

GSTN Goods and Services Tax Network

GAAR General Anti Avoidance Rule

DTAA Double Taxation Avoidance Agreement.

EPFO Employees’ Provident Fund Organization

EFT Electronic Fund Transfer

EMI Equated Monthly Installments

FEMA Foreign Exchange Management Act

FERA Foreign Exchange Regulation Act

FPI: Foreign Portfolio Investment.

IBRD: International Bank for Reconstruction and Development.

RIDF Rural Infrastructure Development Fund