Skip to main content


* indicates required

You can Translate article here

Most Important Abbreviation From Union Budget 2017-18

As you all know that Budget was presented today by our Finance Minister, Arun Jaitley. It is very important for competitive examination and we have filtered all the Important Abbreviations from the document.

So here we present the most important ones for you all.

1. IMF- International Monetary Fund 

2. FDI- Foreign Direct Investment 

3. CPI- Consumer Price Index 

4. GDP- Gross Domestic Product 

5. FCNR- Foreign Currency (Non-Resident) Account

6. GST- Goods and Service Tax

7. TEC India- Transform, Energise and Clean India

8. PACS- Primary Agriculture Credit Societies  

9. KVKs- Krishi Vigyan Kendras

10. NAM- National Agricultural Market 

11. APMC- Agricultural Produce Marketing Committee 

12. MGNREGA- Mahatma Gandhi National Rural Employment Gurantee Act

13. PMGSY- Pradhan Mantri Gram Sadak Yojana 

14. PMEGP- Prime Minister's Employment Generation Programme

15. NRDWP- National Rural Drinking Water Programme

16. PMKK- Pradhan Mantri Kaushal Kendras 

17. SANKALP- Skill Acquisition and Knowledge Awareness for Livelihood Promotion programme 

18. STRIVE- Skill Strengthening for Industrial Value Enhancement 

19. NTA- National Testing Agency

20. ICDS- Integrated Child Development Services

21. IRCTC- Indian Railway Catering and Tourism Corporation

22. TIES- Trade Infrastructure for Export Scheme 

23. FIPB- Foreign Investment Promotion Board

24. CERT-Fin- Computer Emergency Response Team for our Financial Sector

25. IRFC- Indian Railway Finance Corporation Limited 

26. FFO- Further Fund Offering 

27. PMMY- Pradhan Mantri Mudra Yojana 

28. BHIM- Bharat Interface for Money

29. UPI- Unified Payment Interface

30. USSD- Unstructured Supplementary Service Data

31. IMPS- Immediate Payment Service 

32. SIDBI- Small Industries Development Bank of India

33. DBT- Direct Benefit Transfer  

34. FRBM- Fiscal Responsibility and Budget Management Act

35. MAT- Minimum Alternate Tax  

36. MSE- Medium and Small Enterprises 

37. NPA- Non-Performing Asset

38. MSME- Micro, Small and Medium Enterprises 

39. SIT- Special Investigation Team 

40. FPI- Foreign Portfolio Investor

41. TDS- Tax Deducted at Source

42. QIBs- Qualified Institutional Buyers

43. SEBI- Securities and Exchange Board of India

44. RBI- Reserve Bank of India

45. CBDT- Central Board of Direct Taxation

46. IPO- Initial Public Offering 

47. HUF- Hindu Undivided Family 

48. OECD- Organisation for Economic Co-operation and Development 

49. EBITDA- Earnings Before Interest, Taxes, Depreciation and Amortisation

50. TCS- Tax Collection at Source  

51. FTC- Foreign Tax Credit 

52. MPEDA- Marine Products Export Development Authority

53. APDEA- Anchorage Police Department Employees Association 

54. AAR- Authority for Advance Ruling

55. FMV- Full Motion Video

56. FEMA- Foreign Exchange Management Act 

57. LED- Light-Emitting Diode 

58. RCS- Regional Connectivity Scheme 

59. PCBs- Printed Circuit Boards 

60. VPEG- Vinyl Polyethylene Glycol 

61. MTA- Medium Quality Terephthalic Acid

62. QTA- Qualified Terephthalic Acid

63. NSSF- National Small Savings Fund  


Popular Posts of the Week

Facts about Daman & Diu

Daman and Diu. Union Territory of Daman and Diu comprises two districts namely Daman and Diu. Both Districts are situated on western coast of India at a distance of about 700 kms. Daman is the head Quarter of this U.T. Daman is on main land near southern portion of Gujarat State. Vapi is the nearest Railway Station (13 kms) which is on Western Railway between Mumbai and Surat. Vapi is 167 kms from Mumbai Central and 95 kms from Surat.

GK Update 1 July 2016

1. Suresh Prabhu launches NIVARAN portal i. Shri Suresh Prabhakar Prabhu, Minister of Railways  has launched "NIVARAN portal", an online system for redressal of service related grievance of serving and former railway employees.  ii. Nivaran portal is an online system that seeks to facilitate the employees to lodge their grievances and also monitor the progress. iii. It has been developed by CRIS (Centre for Railway information systems), an IT arm of Indian Railways on basis of process designed by Establishment directorate of Railway Board. 2. Indigenously built Tejas inducted into IAF i. The Indian Air Force (IAF) inducted the first squadron of the indigenously made Light Combat Aircraft (LCA) Tejas into its fleet.  ii. An induction ceremony to induct two Tejas aircrafts was held at the Aircraft Systems Testing Establishment (ASTE) in Bengaluru, which included a multi religious prayer. iii. The crew members of the first squadron of Tejas, a multi-role supersonic single


On 16th January 2015, New year will be super thrilling as Bipasha Basu is coming with her new movie "Alone" which looks another superb horror movie of Bollywood . Alone Movie Poster The trailer has come out and looking very scary and wonderful and by the trailer it looks like that the movie is based on two sisters who are joint with their bodies but after a operation one of them died and turn into evil.

What are some rules in Corporate life?

1. Always loop your boss in every mail 2. Politics is everywhere, learn to navigate it 3. Always aim to complete YOUR WORK by a 180%, that way it will be more than a 110% and your boss can’t question you. 4. There is always time at office, use it to upgrade your skills and to plan effectively 5. Network Network Network, who knows your office janitor might lead you to your next job 6. Please everyone around you 7. Learn to say NO, when situation demands 8. Treat the office boy, janitor and IT guy and every one with respect, they might help you in ways you can never imagine 9. Smile, and know people 10. Dress impeccably, over dress when in doubt 11. Documentation is King 12. Practice empathy and respond, never react. 13. Practice patience and learn to listen 14. Requesting for help is one sure shot way to connect with people. 15. Do not speak more than necessary 16. Always enter and leave on time 17. Learn from everyone

Sonia Gandhi is true foreigner

Hello Friends, Today's topic is slightly my personal view not a group view and this is about our Italian political leader Smt.Sonia Gandhi who always claim her to be a true Indian. But i really don't agree with her mentality because she is only wife of Mr. Rajeev Gandhi ,thats all.If she really trust indian people then why she always did her medical check up in United States of America. Are Indian doctors are not well qualified to do her medical check up ? Thats why i really hate Sonia gandhi's attitude as she doesn't trust highly qualified doctors of India.I really doubt on her as she doesn't trust educated doctors then how we believe that she will complete her promises for illiterate people of India. This totally signifies that she just forwarding Congress party for the future of her family and their children.Sonia doesn't know any ABCD about politics and her son Rahul is also same as Rajeev Gandhi was.Our honorable Prime minister Smt. Indi

Top 10 Athletes of the year 2014

Athletes are always been in most searched term of Google search and in year 2014 also, some athletes also won the heart of people all around the world . This list includes mostly Football players and formula 1 players. So today I am posting the Top searched player in year 2014 : James Rodriguez

Is it good to fool people in name of God

Hello friends, Today i have come with another question in my mind i.e "Is it good to fool people in name of God ?". Recently a case on a saint Asaram has shocked all the people of India and foreign also ,that how a old man can do sexual assault of his grand daughter looking like child.At this time , this saint is behind the jail and facing a huge shame in front of  world. But after hearing all this type of news,i am always thinking that why people always follow such illiterate and inappropriate person who is just playing with your sisters/mothers/daughters and also earning for that. You will be shocked after hearing some of the facts of this ASARAM :   1. In early 1970, Asaram built his first ashram on 4 ha (10 acres) of land in Gujarat and began using the name Asaram Bapu. Presently, there are over 400 major and minor ashrams in India and abroad and numerous followers. 2. He preaches the existence of One Supreme Conscious and claims B

Chetan Bhagat launched his new book "Half girlfriend"

Hello Friends, Recently Famous Indian Writer Chetan Bhagat Launched his new book "Half Girlfriend" on 5 August 2014. This book is about two main characters Madhav and Riya. By the teaser, it looks like a story of a couple in which Madhav can't speak English well but want a relationship with Riya. Here is the look of the poster of this new book:


● British Governor-Genera l : Warren Hastings ● British Governor-Genera l of Independent India : Lord Mountbatten ● Justice of India : Hiralal J. Kania ● Comander-in-Chi ef of Free India : General K. M. Cariappa ● Chief of Air Staff : Air Marshal Sir Thomas Elmhirst ● Indian Air Chief : Air Marshal S. Mukherjee ● Chief of Army Staff : General M. Rajendra Singh ● Chief of Naval Staff : Vice-Admiral R. D. Katari ● Consmonaut : Sqn. Ldr. Rakesh Sharma

How a lady Jagriti singh can be such cruel

Hello Friends, Today i am gonna talk about a lady who crosses all her limits of anger and did a unexpected thing in his life,which a lady hardly does in her life. Friends,we know ladies as symbol of beauty,coolness,calmness,responsibleness,helpfulness and kindness.They also show their anger but they do it in non-violent or talkative way. But recently,wife of a BSP MLA Dhananjay singh just proved all these symbols as fake statement.The name of this cruel wife is Jagriti Singh and she is now behind the jail for murdering her maid Rekha Bhadra. Recent investigation of Police is showing,she used to torcher her servants daily for any reason and beat them in a very cruel manner.She beat her servants with rods, wooden bamboo and other stuffs.She also used to watch her under 18 male servant in bathroom by a hidden camera.She also did the shameful work by forcing her servants to drink urine and also there is news that when she tired of beating her servants then she used to give them

Past Trending Posts