Important Economics Abbreviations for Bank Exams

Finance Abbreviations

121. RBI: Reserve Bank of India

122. REC: Rural Electrification Corporation

123. RIBs: Resurgent India Bonds

124. RRBs: Regional Rural Banks

125. SAARC: South Asian Association for Regional Cooperation

126. SAIL: Steel Authority of India Ltd.

127. SCBs: State Cooperative Banks

128. SCI: Shipping Corporation of India

129. SCOPE: Standing Conference of Public Enterprises

130. SEBI: Securities and Exchange Board of India

131. SEBs: State Electricity Boards

132. SEZs: Special Economic Zones

133. SHCIL: Stock Holding Corporation of India Ltd.

134. SIDBI: Small Industries Development Banks of India

135. SIL: Special Import Licence

136. SLR: Statutory Liquidity Requirements/Ratio

137. SSIs: Small Scale Industries

138. STC: State Trading Corporation

139. STCI: Securities Trading Corporation of India Ltd

140. TISCO: Tata Iron and Steel Co.

141. TLM: Total Literacy Mission

142. UNDP: United Nations Development Programme

143. UNESCO: United Nations Educational, Scientific and Cultural Organization

144. UTI: Unit Trust of India

145. VAT: Value Added Taxation

146.VDIS: Voluntary Disclosure Income Scheme

147. VDS: Voluntary Disclosure Scheme

148. VRS: Voluntary Retirement Scheme

149. WHO: World Health Organization

150. WILL: Wireless in Local Loop

151. WPI: Wholesale Price Index

152. WTO: World Trade Organization

153. ZBB: Zero Base Budgeting

These abbreviations are very important and generally asked in Bank Exams. I am providing 153 abbreviations for your best practice.

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