Important Economics Abbreviations for Bank Exams

Important Keywords

61. ICAR: Indian Council of Agricultural Research

62. ICDS: Integrated Child Development Services Scheme

63. ICICI: Industrial Credit and Investment Corporation of India

64. ICRA: Investment Information and Credit Rating Agency of India

65. IDA: International Development Association

66. IDBI: Industrial Development Bank of India

67. IFCI: Industrial Finance Corporation of India

68. IIP: Index of Industrial Production

69. IISCO: Indian Iron and Steel Company

70. ILFS: Infrastructure Leasing and Financial Services Ltd.

71. ILO: International Labour Organization

72 IMF: International Monetary Fund

73. IMR: Infant Mortality Rate

74. INTUC: Indian National Trade Union Congress

75. IPCL: Indian Petrochemicals Corporation Ltd.

76. IPO: Initial Public Offers

77. IDRA: Integrated Rural Development Programme

78. ISPs: Internet Service Providers

79. ISRO: Indian Space Research Organization

80. JPC: Joint Plant Committee/Joint Parliamentary Committee

81. LIBOR: London Inter-bank Borrowing Rate

82. MAT: Minimum Alternate Tax

83. MIS: Management Information System

84. MISA: Maintenance of Internal Security Act.

85. MNCs: Multinational Corporations/Companies

86. MODVAT: Modified Value Added Tax

87. MOU: Memorandum of Understanding

88. NABARD: National Bank for Agricultural and Rural Development

89. NAFED: National Agricultural Cooperative Marketing Federation

90. NASSCOM: National Association of Software and Services Companies