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General Awareness is one of the important sections of most bank and government exams. Today, we bring to you the most major abbreviations that you must read for upcoming bank and government exams. In this article, we will discuss Important Abbreviations for Competitive Exams.
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Abbreviation
An Abbreviation is a shortened type of a word or phrase. People accustomed abbreviate sentences or words or phrases once they find it very long to talk or to recollect. There are many such abbreviated forms that we’ve heard or used somewhere but don’t realize their correct expanded versions. So here we’ve given a listing of these popular/important abbreviations (along with their expanded forms) which are usually asked in the competitive exams like IBPS Recruitment Exams (PO, Clerk, SO, and RRB), etc.
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Important Abbreviations
| N.o | Important Abbreviations |
|
|
UDAY – Ujjwal Discom Assurance Yojna |
| 2. | UJALA- Unnat Jyoti by Affordable LEDs for All |
| 3. | CAGR- Compound Annual Growth Rate |
| 4. | FRDI- Financial Resolution and Deposit Insurance |
| 5. | CGST- Central Goods and Services Tax |
| 6. | CLSS- Credit Linked Subsidy Scheme |
| 7. | DIPAM- Department of Investment and Public Asset Management |
| 8. | FIPB- Foreign Investment Promotion Board |
| 9. | NAREDCO- National Real Estate Development Council |
| 10. | NICRA- National Innovations on Climate Resilient Agriculture |
| 11. | REIT- Real Estate Investment Trust |
| 12. | SUUTI- Specified Undertaking for Unit Trust of India |
| 13. | UDISE- Unified District Information System for Education |
| 14. | UNCTAD-United Nations Conference on Trade and Development |
| 15. | SEHAT- Social Endeavour For Healthcare And Telemedicine |
| 16. | AMRUT- Atal Mission For Rejuvenation & Urban Transformation |
| 17. | HRIDAY- Heritage City Development & Augmentation Yojana |
| 18. | PRASAD- Pilgrimage Rejuvenation & Spiritual Augmentation Drive |
| 19. | IUHDSS- Integrated Underwater Defence and Surveillance System |
| 20. | MUDRA- Micro Units Development and Refinance Agency |
| 21. | SETU- Self-Employment and Talent Utilization |
| 22. | PRAGATI- Pro Active Governance And Timely Implementation |
| 23. | FSDC – Financial Stability and Development Council |
| 24. | BIMSTEC- Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation |
| 25. | UNCTAD- United Nations Conference on Trade and Development |
| 26. | SANKALP- Skill Acquisition and Knowledge Awareness for Livelihood Promotion program |
| 27. | SWAYAM- Study Webs of Active-Learning for Young Aspiring Minds |
| 28. | SWAYAM- Study Webs of Active-Learning for Young Aspiring Minds |
| 29. | SWAYAM- Study Webs of Active-Learning for Young Aspiring Minds |
| 30. | MANAS- Maulana Azad National Academy for Skills set up to address skill development needs of minority communities. |
| 31. | ASEAN- Association of South East Asian Nations |
| 32. | AT&C- Aggregate Technical and Commercial |
| 33. | BRICS- Brazil, Russia, India, China and South Africa |
| 34. | DDA- Doha Development Agenda |
| 35. | DISCOMS- Distribution Companies |
| 36. | e-NAM- Electronic National Agriculture Market |
| 37. | GNPA- Gross Non-Performing Advances |
| 38. | IBC- Insolvency and Bankruptcy Code |
| 39 | IGST- Integrated Goods and Services Tax |
| 40. | IT-BPM- Information Technology – Business Process Management |
| 41. | MDGs- Millennium Development Goals |
| 42. | MSME- Micro, Small & Medium Enterprises |
| 43. | NABARD- National Bank for Agriculture and Rural Development |
| 44. | NCLT- National Company Law Tribunal |
| 45. | NDTL- Net Demand and Time Liabilities |
| 46. | NITI- National Institution for Transforming India |
| 47. | PMAY- Pradhan Mantri Awas Yojana |
| 48. | PMFBY- Pradhan Mantri Fasal Bima Yojana |
| 49. | PMKSY- Pradhan Mantri Krishi Sinchayee Yojana |
| 50. | SEBI- Securities and Exchange Board of India |
| 51. | TPDS- Targeted Public Distribution System |
| 52. | UNESCO- United Nations Educational, Scientific and Cultural Organization |
| 53. | IRDAI– Insurance Regulatory and Development Authority |
| 54. | PFRDA– Pension Fund Regulatory & Development Authority |
| 55. | FSSAI– Food Safety and Standards Authority of India |
| 56. | NASSCOM– National Association of Software and Service Companies |
| 57. | WIPO- World Intellectual Property Organization |
| 58. | OECD- Organization for Economic Cooperation and Development |
| 59. | IRENA- International Renewable Energy Agency |
| 60. | DRDO– Defence Research and Development Organisation |
| 61. | INSAT– Indian National Satellite |
| 62. | FRBM- Fiscal Responsibility and Budget Management Act |
| 63. | DISHA- Digital Saksharta Abhiyan |
| 64. | PMBJP- Pradhan Mantri Bhartiya Janaushadhi Pariyojana |
| 65. | DISHA- Digital Saksharta Abhiyan |
| 66. | NavIC- Navigation Indian Constellation |
| 67. | SDR – Special Drawing Rights |
| 68. | ASBA – Application Supported by Blocked Amount |
| 69. | ASSOCHAM – Associated Chambers of Commerce and Industry of India |
| 70. | CRAR – Capital to Risk Weighted Asset Ratio |
| 71. | LAMPS – Large-sized Adivasi Multipurpose Societies |
In this blog, we discussed the Important Abbreviations for Competitive Exams. Keep visiting this article for more updates.
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