50 Most Important Abbreviations for SBI, IBPS & RBI Grade B

General Awareness is one of the most important sections of most bank and government exams. Today, we bring to you 50 Most Important Abbreviations for SBI, IBPS & RBI Grade B you must read. This post is brought to you by Oliveboard, an online exam preparation platform for banking and government exams.

50 Most Important Abbreviations for SBI, IBPS & RBI Grade B

  1. UDAY – Ujjwal Discom Assurance Yojna
  2. UJALA- Unnat Jyoti by Affordable LEDs for All
  3. FRDI- Financial Resolution and Deposit Insurance
  4. CAGR- Compound Annual Growth Rate
  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 & SURVEILLANCE SYSTEM
  20. MUDRA- MICRO UNITS DEVELOPMENT & REFINANCE AGENCY
  21. SETU- SELF EMPLOYMENT & 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
  1. SWAYAM- Study Webs of Active-Learning for Young Aspiring Minds
  2. USTTAD- Upgrading the Skills and Training in Traditional Arts/ Crafts for Development
  1. MANAS- Maulana Azad National Academy for Skills set up to address skill development needs of minority communities.
  2. ASEAN- Association of South East Asian Nations
  3. AT&C- Aggregate Technical and Commercial
  4. BRICS- Brazil, Russia, India, China and South Africa
  5. DDA- Doha Development Agenda
  6. DISCOMS- Distribution Companies
  7. e-NAM- Electronic National Agriculture Market
  8. GNPA- Gross Non-Performing Advances
  9. IBC- Insolvency and Bankruptcy Code
  10. IGST- Integrated Goods and Services Tax
  11. IT-BPM- Information Technology – Business Process Management
  12. MDGs- Millennium Development Goals
  13. MSME- Micro, Small & Medium Enterprises
  14. NABARD- National Bank for Agriculture and Rural Development
  15. NCLT- National Company Law Tribunal
  16. NDTL- Net Demand and Time Liabilities
  17. NITI- National Institution for Transforming India
  18. PMAY- Pradhan Mantri Awas Yojana
  19. PMFBY- Pradhan Mantri Fasal Bima Yojana
  20. PMKSY- Pradhan Mantri Krishi Sinchayee Yojana
  21. SEBI- Securities and Exchange Board of India
  22. TPDS- Targeted Public Distribution System

 

Preparing for Bank Exams? Take a Free Mock Test Now!