Important Economics Abbreviations for Bank Exams

Banking Abbreviations

31. EFTA: European Free Trade Area

32. EGS: Employment Guarantee Scheme

33. EQUs: Export Oriented Units

34. EPCG: Export Promotion Capital Goods

35. EPF: Employees Provident Fund

35. EPZs: Export Processing Zones/Export Promotion Zones

36. ESCAP: Economic and Social Commission for Asia and Pacific

37. EWS: Economically Weaker Sections

38. EXIM BANK: Export and Import Bank

39. FAO: Food and Agriculture Organization

40. FCCBs: Foreign Currency Convertible Bonds

41. FCI: Food Corporation of India

42. FCNR (B): Foreign Currency Non-residents Accounts (Bank)

43. FDI: Foreign Direct Investment

44. FEMA: Foreign Exchange Management Act

45. FERA: Foreign Exchange Regulation Act

46. FBI: Federal Bureau of Investigation

47. FICCI: Federation of Indian Chamber of Commerce and Industry

48. FIIs: Foreign Institutional Investors

49. FIPB: Foreign Investment Promotion Board

50. FIPC: Foreign Investment Promotion Council

51. FTZ: Free Trade Zones

52. GATT: General Agreement on Tariff and Trade

53. GDP: Gross Domestic Product

54. GDRs: Global Depository Receipts

55. HDFC: Housing Development Finance Corporation

56. HDI: Human Development Index

57. HUDCO: Housing and Urban Development Corporation of India

58. HYVP: High Yielding Varieties Programme

59. IBM: International Business Machine

60. IBRO: International Bank for Reconstruction and Development