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Important abbreviations for IBPS PO Main Examination 2015

Sep 29, 2015 11:26 IST

    It has been noticed that in banking examination two or three questions are asked from abbreviations in General Awareness section. So, the Banking team of Jagran josh has come up with important abbreviations for IBPS PO Main Examination 2015.

    ASBA- Application Supported by Blocked Amount

    AMFI- Association of Mutual Funds of India

    CRR-Cash Reserve Ratio

    SLR- Statutory Liquidity ratio

    CAR- Capital Adequacy Ratio

    IFSC-Indian Financial System Code

    MICR- Magnetic Ink Character Recognition

    NPA- Non Performing Asset

    IFRS- International Financial Reporting Standards

    POS - Point of Sale

    SDR -Special Drawings Rights

    IMPS - Immediate Payment Service

    RTGS-Real time gross settlement

    NEFT- National Electronic fund Transfer

    CIBIL- Credit Information Bureau (India) Limited

    MSME- Micro, Small and Medium Enterprise

    MFI- Micro Finance Institution

    PLR- Prime lending Rate

    IBA-Indian Bank Association

    FIMMDA- Fixed Income Money Markets and Derivatives Association

    ALM-Asset Liability Management

    CCEA -Cabinet Committee on Economic Affairs

    FSDC- Finance Stability Development Council

    LIBOR- London Inter Bank Offered Rate

    FINO- Financial Investment Network and Operators

    CBS- Core Banking Solution

    ALM -Asset-liability management

    HQLA -High Quality Liquid Assets

    MSF -Marginal Standing Facility

    LCR -Liquidity Coverage Ratio

    CDS-Credit Default Swaps

    CRAR- Capital to Risk Weighted Assets Ratio

    OMO-Open Market Operation

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