Current Affairs, General and Banking Knowledge Thread For Bank Aspirants

SK Srivastava Committee is set up:

ABBREVIATION IN NEWS

1. BSBDA - Basic Savings Bank Deposit Account
2. FCNR(B) - Foreign Currency Non-Resident Bank

3. TARC - Tax Administration Reform Commission
4. ITEs: Intra-Group Transactions and Exposures
5. LCR: Liquidity Coverage Ratio
6. NSFR: Net Stable Funding Ratio
7. LRMT: Liquidity risk monitoring tools
8. CBS: Core Banking Solution
9. DEAF: Depositor Education and Awareness Fund
10. CRAR: Capital to Risk-weighted Assets Ratio
11.(ECB) External Commercial Borrowings

12. SWIFT: Society for Worldwide Interbank Financial Telecommunication

13. FSLRC: Financial Sector Legislative Reforms Commission

14. MIBOR: Mumbai Inter-Bank Offer Rate

15. LIBOR: London Inter-Bank Offer Rate

16. LAF – Liquidity Adjustment Facility

17. GIRO - Government Internal Revenue Order
18. EEFC - Exchange Earner's Foreign Currency

19. FRBMA: Fiscal Responsibility and Budget Management Act

20. ALM- Asset Liability Management

21. AMFI- Association of Mutual Fund in India.
22. TIEA – Tax Information exchange Agreement
23. CAR – Cash Adequacy Ratio
24. CCEA – Cabinet Committee on Economic Affairs
25. CECA - Comprehensive Economic Cooperation Agreement
26. CEPA – Comprehensive Economic Partnership Agreement
27. DTAA – Double Taxation Avoidance Agreement
28. DTC – Direct Tax Code
29. ECBs - External Commercial Borrowings
30. EEFC - Exchange Earner's Foreign Currency
31. EFSF – European Financial Stability Facility
32. FEMA- Foreign Exchange Management Act
33. FII – Foreign Institutional Investor.

34. FINO- Financial Inclusion Network Operation
35. FIPB – Foreign Investment Promotion board

36. FSLRC – Financial Sector Legislative Reforms Commission

37. FTA- Free trade agreement
38. GAAR - General anti avoidance rule
39. GSLV - Geo-Synchronous Launch Vehicle

40. MSF-Marginal Standing Facility

41. NBFC-Non Banking Finance Companies
42. NCTC - National Counter-Terrorism Centre
43. NEFT - National Electronic Funds Transfer
44. NSG – Nuclear Suppliers Group
45. PPP – Public Private Partnership & Purchasing Power parity
46. PSLV – Polar Satellite Launch vehicle
47. RTGS - Real Time Gross Settlement

48. SLR-Statutory Liquidity Ratio
49. TAPI - Turkmenistan-Afghanistan-Pakistan-India.

50. QFI -Qualified Foreign Investors
51. VVPAT -'Voter Verifiable Paper Audit Trail'

52. Tax Information Exchange Agreement (TIEA)
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