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FULLFORM

  • ADB: Asian Development Bank

  • ADR: American Depositary Receipt

  • AIDWA: All India Democratic Woman’s Association

  • AITUC: All India Trade Union Congress

  • AMFI: Association of Mutual Funds in India

  • APEC: Asia-Pacific Economic Cooperation

  • APL: Above Poverty Line

  • APM: Administered Pricing Mechanism

  • ARC: Asset Reconstruction Company

  • ARDR: Agricultural and Rural Debt Relief

  • ASBA: Application Supported by Block Amount

  • ASEAN: Association of South-East Asian Nations

  • ASEM: Asia-Europe Meeting

  • ASSOCHAM: Associated Chambers of Commerce and Industry

  • ATM: Automatic Teller Machine

  • BIFR: Board of Industrial and Financial Reconstruction

  • BCBS: Basel committee for Banking Supervision

  • BCSBI: Banking Codes and Standards Board of India

  • BIS: Bureau of Indian Standards

  • BOLT: BSE On-Line Trading (System)

  • BOT: Build, Operate and Transfer

  • BPL: Below Poverty Line

  • BPO: Business Process Outsourcing

  • BSE: Bombay Stock Exchange

  • CA: Chartered Accountant

  • CABE: Central Advisory Board of Education

  • CACP: Commission of Agriculture Cost and Price

  • C & AG: Comptroller & Auditor General

  • CAPART: Council for People’s Action and Advancement of Rural Technology

  • CAR: Capital adequacy ratio

  • CARE: Credit Analysis & Research Ltd.

  • CBS: Core banking solution

  • CCI: Competition Commission of India

  • CCIL: Clearing Corporation of India limited

  • CDSL: Central Securities Depository Limited

  • CECA: Comprehensive Economic Cooperation Agreement

  • CEPA: Comprehensive Economic Partnership Agreement

  • CIBIL: Credit Information Bureau (India) Ltd

  • CII: Confederation of Indian Industry

  • CIS: Commonwealth of Independent States

  • CHOGM: Commonwealth Heads of Government Meeting

  • CITES: Convention on International Trade in Endangered Species

  • CITU: Centre Of Indian Trade Unions

  • CMP: Common Minimum Program

  • CPI (UNME): The Consumer Price Index for Urban Non-Manual Employees.

  • CPI (AL): Consumer Price Index for Agricultural Labors.

  • CPI (IW): Consumer Price Index for Industrial Workers

  • CPI (RL): Consumer Price Index for Rural Labourers

  • CRAR: Capital to Risk (Weighted) Assets Ratio

  • CRISIL: Credit Rating Information Services of India Limited

  • CRR: Cash Reserve Ratio

  • CSIR: Council of Scientific and Industrial Research

  • CST: Central Sales Tax

  • CTT: Commodities Transaction Tax

  • DA: Dearness Allowance; Daily Allowance

  • DMIC: Delhi-Mumbai Industrial Corridor

  • DPEP: District Primary Education Program

  • ECA: Essential Commodity Act

  • ECB: External Commercial Borrowings

  • ECS: Electronic clearing system

  • EDUSAT: Education Satellite

  • EEE: Exempt Exempt Exempt

  • EET: Exempt Exempt Taxation

  • EFA: Education for All

  • EFT: Electronic fund transfer

  • EEFC Accounts: Exchange Earners Foreign Currency Account

  • EGOM: Empowered Group of Ministers

  • EMI: Equated Monthly Installment

  • EMS: European Monetary System

  • ERNET: Educational and Research Network

  • ESA: European Space Agency

  • ESCAP: Economic and Social Commission for Asia and Pacify

  • ESMA: Essential Services Maintenance Act

  • ESOP: Employee Stock Option Program

  • EU: European Union

  • FAO: Food and Agriculture Organization

  • FCCB: Foreign Currency Convertible Bond

  • FCNR: Foreign Currency (Non-Resident) Accounts Scheme

  • EPF: Employees Provident Fund

  • EPFO: Employees Provident Fund Organization

  • FDI: Foreign Direct Investment

  • FEMA: Foreign Exchange Management Act

  • FERA: Foreign Exchange Regulations Act

  • FICCI: Federation of Indian Chambers Of Commerce and Industry

  • FII: Foreign Institutional Investors

  • FIPB: Foreign Investment Promotion Board (Of India)

  • FMCG: Fast Moving Consumer Goods

  • FPO: Follow on Public Offer

  • FRBM: Fiscal Responsibility And Budget Management

  • FSSA: Food Safety And Standards Authority (Of India)

  • FTA: Free Trade Area

  • GATT: General Agreement On Tariffs And Trade

  • GCC: Gulf Cooperation Council

  • GDP: Gross Domestic Product

  • GDR: Global Depositary Receipt

  • GEF: Global Environment Fund

  • GIC: General Insurance Corporation

  • GNP: Gross National Product

  • GST: Goods and Service Tax

  • HDFC: Housing Development Finance Corporation Limited

  • HDI: Human Development Index

  • HSBC: Hong Kong and Shanghai Banking Corporation Limited

  • HUDCO: Housing And Urban Development Corporation

  • IAAI: International Airport Authority Of India

  • IAAS: Indian Audit and Accounts Service

  • IADF: International Agricultural Development Fund

  • IAEA: International Atomic Energy Agency

  • IAEA: International Atomic Energy Agency

  • IASB: The International Accounting Standards Board

  • IBRD: International Bank for Reconstruction And Development

  • ICAI:  Institute of Chartered Accountants of India

  • ICAR: Indian Council of Agricultural Research

  • ICCW: Indian Council for Child Welfare

  • ICDS: Integrated Child Development Service

  • ICMR: Indian Council of Medical Research

  • ICICI: Industrial Credit and Investment Corporation of India

  • ICOR: Incremental capital output ratio

  • ICRC: International Committee of Red Cross

  • IDA: International Development Association

  • ICRA: Investment information and Credit Rating Agency

  • IES: Indian Economic Service

  • IEX: Indian Energy Exchange

  • IFRS: International Financial Reporting Standard

  • IFSC: Indian financial system code

  • IFTU: International Federation of Trade Unions

  • IFWJ: Indian Federation of Working Journalists

  • IIP: The Index of Industrial Production

  • IIPA: Indian Institute of Public Administration

  • IISS: International Institute of Strategic Studies

  • ILO: International Labor Organization

  • IMF: International Monetary Fund

  • IMO: International Maritime Organization

  • IDR: Indian Depository Receipts

  • IDBI: Industrial Development Bank of India

  • IMF: International monetary fund

  • IMRB: Indian Market Research Bureau

  • INMARSAT: International Maritime Satellite Organization

  • INTERPOL: International Police Organization

  • INTUC: Indian National Trade Union Congress

  • IOC: International Olympic Committee

  • IPCC: Intergovernmental Panel on Climate Change

  • IPEC: International Program on Elimination Of Child Labor

  • IPO: Initial public offer

  • IPR: Intellectual Property Right

  • IRDA: Insurance Regulatory and Development Authority

  • IREP: Integrated Rural Energy Planning

  • ISO: International Standardization Organization

  • ISS: International Space Station

  • ITDC: Indian Tourism Development Corporation

  • ITO: International Trade Organization; Income-Tax Officer

  • ITU: International Tele-Communication Union

  • JNNURM: Jawaharlal Nehru National Urban Renewal Mission

  • KPO: Knowledge Process Outsourcing

  • KYC: Know your customer

  • LDC: Least Developed Countries

  • LIBOR: London Inter-Bank Offer Rate

  • LIC: Life Insurance Corporation (Of India)

  • LLP: Limited Liability Partnership

  • MAT: Minimum Alternative Tax

  • MAIT: Manufacturers’ Association for Information Technology

  • MCAP: Market capitalization / Mid cap

  • MDG: Millennium development goals

  • MEP: Minimum Export Price

  • MFA: Multi-Fiber Agreement

  • MFI: Micro finance institution

  • MFIN: Micro finance institution network

  • MFN: Most Favored Nation

  • MIBOR: Mumbai Interbank offer rate

  • MIN: Mutual fund identification no.

  • MNC: Multi-National Corporation

  • MRTPC: Monopolies and Restrictive Trade Practices Commission

  • MRTS: Mass Rapid Transit System

  • MSME: Micro Small and Medium Enterprises

  • MSP: Minimum support price

  • MTO: Multilateral Trade Organization

  • NABARD: National Bank for Agriculture and Rural Development.

  • NAEP: National Adult Education Program

  • NAFED: National Agricultural Cooperative Marketing Federation of India Ltd

  • NAFTA: North America Free Trade Agreement

  • NAM: Non-Aligned Movement

  • NAMA: Non-Agriculture Market Access

  • NASDAQ: National Association of Securities Dealers Automated Quotation

  • NATO: North Atlantic Treaty Organization

  • NAV: Net Asset Value

  • NBFC: Non-Banking Finance Companies

  • NCAER: National Council Of Applied Economic Research

  • NCERT: National Council Of Education Research And Training

  • NCPCR: National Commission for Protection of Child Rights

  • NDC:  National Development Council

  • NEFT: National Electronic Fund Transfer

  • NEGP: National E-Governance Plan

  • NEP: National Education Policy

  • NFO: New Fund Offers

  • NHAI: National Highways Authority of India

  • NHDP: National Highways Development Project

  • NHRC: National Human Rights Commission

  • NIFT: National Institute of Fashion Technology

  • NIO: National Institute of Oceanography

  • NLMA: National Literacy Mission Authority

  • NMDC: National Mineral Development Corporation

  • NNP: Net National Production

  • NPA: Non Performing Asset

  • NPR: National Population Register

  • MGNREGA: National Rural Employment Guarantee Act

  • NSE: National Stock Exchange

  • NSDL: National Securities Depository Limited

  • NSE: National Stock Exchange

  • NSSO: National Sample Survey Organization

  • NTPC: National Thermal Power Corporation

  • ODA: Official Development Assistance

  • OECD: Organization of Economic Co-Operation and Development

  • OGL: Open General License

  • OIC: Organization of Islamic Countries

  • OIL: Oil India Limited

  • OMCS: Oil Marketing Companies

  • ONGC: Oil And Natural Gas Commission

  • OPEC: Organization Of Petroleum Exporting Countries

  • OSCE: Organization For Security And Cooperation In Europe

  • PAC: Public Accounts Committee

  • PAN: Permanent Account Number (Of Income-Tax)

  • PATA: Pacific-Asia Travel Association

  • PCI: Per capita income

  • PDS: Public Distribution System

  • PIL: Public Interest Litigation

  • PIO: Persons Of Indian Origin

  • PN: Participatory Note

  • POP: Point Of Purchase

  • PPF: Public Provident Fund

  • PPP: Public private partnership / Purchasing power parity

  • PTA: Preferential Trade Area

  • PURA: Providing urban amenities in rural areas

  • QIB: Qualified Institutional Buyer

  • QIP: Qualified Institutional Placement

  • QR: Quantitative Restriction

  • RBI: Reserve Bank Of India

  • RIDF: Rural infrastructure development fund

  • RRB: Regional Rural Bank

  • RRPI: Rural Retail Price Index

  • RTGS: Real Time Gross Settlement System

  • SAARC: South Asian Association for Regional Co-Operation

  • SAFTA: South Asian Free Trade Area

  • SAIL: Steel Authority of India Limited

  • SAPTA: SAARC Preferential Trading Agreement

  • SARFAESI ACT: The Securitization and Reconstruction of Financial Assets and

  • SCO: Shanghai Cooperation Organization

  • SCOPE: Standing Conference On Public Enterprises

  • SDR: Special Drawing RightsSEBI: Securities And Exchange Board Of India

  • SEZ: Special Economic Zone

  • SIDBI: Small Industries Development Bank of India

  • SEWA: Self employed woman’s association

  • SLR: Statutory Liquidity Ratio

  • STT: Securities Transaction Tax

  • SWIFT: Society for Worldwide Financial Telecommunications,

  • TDS: Tax Deduction at Source

  • TIFR: Tata Institute Of Fundamental Research

  • TIN: Tax Information Network

  • TINXSYS: Tax Information Exchange System

  • TISCO: Tata Iron and Steel Company

  • TPDS: Targeted Public Distribution System

  • TRAI: Telecom Regulatory Authority Of India

  • TRIMS: Trade Related Investment Measures

  • TRIPS: Trade Related Intellectual Property Rights

  • TRYSEM: Training Of Rural Youth For Self Employment

  • UN: United Nations

  • UNCTAD: United Nations Conference On Trade And Development

  • UNDP: United Nations Development Program

  • UNEF: United Nations Emergency Force

  • UNEP: United Nations Environment Program

  • UNESCO: United Nations Educational, Scientific And Cultural Organization

  • UNFCCC: United nation framework convention on climate change

  • UNFPO: United Nations Fund For Population Activities

  • UNHCR: United Nations High Commissioner For Refugees

  • UNHRC: United Nations Human Rights Commission

  • UNICEF: United Nations International Children’s (Emergency) Fund

  • UNIDO: United Nations Industrial Development Organization

  • UNRRA: United Nations Relief And Rehabilitation Administration

  • VAT: Value-Added Tax

  • VDIS: Voluntary Disclosure Of Income Scheme

  • VRS: Voluntary Retirement Scheme

  • WEF: World Economic Forum

  • WFP: World Food Program

  • WHO: World Health Organization

  • WIPO: World Intellectual Property Organization

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