1. OLTAS - On-line Tax Accounting System (OLTAS) for Direct Taxes

2. TIN - Tax Information Network (TIN)

3. IMPS - Interbank Mobile Payment Service (IMPS).

4. CDR- Corporate Debt Restructuring

5. CAD- Capital Account Deficit

6. REITs: Real Estate Investment Trusts

7. InvITs: Infrastructure Investment Trusts

8. ALM- Asset Liability Management

9. AML – Anti Money Laundering

10. KYC – know Your Customer

1.BSBDA - Basic Savings Bank Deposit Account
2.FCNR(B) - Foreign Currency Non-Resident Bank
3.TARC - Tax Administration Reform Commission
4.ITEs: I ntra-Group Transactions and Exposures
5.LCR: Liquidity Coverage Ratio
6.NSFR: Net Stable Funding Ratio
7.LRMT: Liquidity risk monitoring tools
8.CBS: Core Banking Solution
9.DEAF: Depositor Education and Awareness Fund
10.CRAR: Capital to Risk-weighted Assets Ratio
11.ECB : External Commercial Borrowings
12.SWIFT: Society for Worldwide Interbank Financial Telecommunication
13.FSLRC: Financial Sector Legislative Reforms Commission 
14.MIBOR: Mumbai Inter-Bank Offer Rate 
15.LIBOR: London Inter-Bank Offer Rate 
16.LAF – Liquidity Adjustment Facility
17.GIRO - Government Internal Revenue Order 
18.EEFC - Exchange Earner's Foreign Currency
19.FRBMA: Fiscal Responsibility and Budget Management Act 
20.ALM- Asset Liability Management
21.AMFI- Association of Mutual Fund in India. 22.TIEA – Tax Information exchange Agreement 23.CAR – Cash Adequacy Ratio
24.CCEA – Cabinet Committee on Economic Affairs
25.CECA - Comprehensive Economic Cooperation Agreement 
26.CEPA – Comprehensive Economic Partnership Agreement 
27.DTAA – Double Taxation Avoidance Agreement 
28.DTC – Direct Tax Code
29.ECBs - External Commercial Borrowings 
30.EEFC - Exchange Earner's Foreign Currency 
31.EFSF – European Financial Stability Facility
32.FEMA- Foreign Exchange Management Act 
33.FII – Foreign Institutional Investor.
34.FINO- Financial Inclusion Network Operation 
35.FIPB – Foreign Investment Promotion board
36.FSLRC – Financial Sector Legislative Reforms Commission 
37.FTA- Free trade agreement
38.GAAR - General anti avoidance rule 
39.GSLV - Geo-Synchronous Launch Vehicle 
40.MSF-Marginal Standing Facility
41.NBFC-Non Banking Finance Companies 
42.NCTC - National Counter-Terrorism Centre 
43.NEFT - National Electronic Funds Transfer 
44.NSG – Nuclear Suppliers Group
45.PPP – Public Private Partnership & Purchasing Power parity 
46.PSLV – Polar Satellite Launch vehicle 
47.RTGS - Real Time Gross Settlement 
48.SLR-Statutory Liquidity Ratio
49.TAPI - Turkmenistan-Afghanistan-Pakistan-India.
50.QFI -Qualified Foreign Investors
51.VVPAT -'Voter Verifiable Paper Audit Trail'
52.TIEA:Tax Information Exchange Agreement  

Abbreviations	Full Form
APECF	Asia Pacific Exchange and Cooperation Foundation
EGoM	Empowered Group of Ministers
NEERI	National Environment Engineering Research Institute
SRS	Sample Registration System
CRIDA	Central Research Institute for Dry Land Agriculture
COSC	Chiefs of Staff Committee
FSSAI	Food Safety and Standards Authority of India
NHEC	National Health Entitlement Card
NICRA	National Initiative on Climate Resilient Agriculture
DMICDC	Delhi Mumbai Industrial Corridor Development Corporation
LPDs	Landing Platform Docks
MSME	Micro, Small and Medium Enterprises
NHEC	National Health Entitlement Card
NHMEA	National Health and Medical Facilities Accreditation Authority
NTC	National Transitional Council
OTR	Operational Turn Around
BEA	Broadcast Editors’ Association
EFTA	European Free Trade Association
GHI	Global Hunger Index
HLEG	High Level Expert Group
HNI	High Networth Individual
IFPRI	International Food Policy Research Institute
NIN	National Institute of Nutrition
WFP	World Food Programme

Short Name	Full Form or Abbreviations
PIN	Postal Index Number
PSLV	Polar Satellite Launch Vehicle
PWD	Public Works Department;
R&D	Research and Development
RADAR	Radio Detecting and Ranging
RAM	Random Access Memory
RAW	Research & Analysis Wing
RBI	Reserve Bank of India
RDX	Research Department Explosive (Cyclotrim-ethylin Trinitrate)
RISC	Reduced instruction-set computing
RNA	Ribonucleic acid
ROM	Read Only Memory
RPM	Revolutions Per Minute
RTI	Right to Information
SAIL	Steel Authority of India Limited
SARS	Severe Acute Respiratory Syndrome
SCSI	Small Computer Systems Interface
SEBI	Securities and Exchange Board of India
SENSEX	Sensitivity Index (of Share Price)
SEZ	Special Economic Zone
SGPC	Siromani Gurudwara Prabandak Committee
SIM	Subscriber Information Module
SLV	Satellite Launch Vehicle
SMS	Short Message Service
SMTP	Simple Mail Transfer Protocol
STD	Subscriber Trunk Dialling; Sexually Transmitted Diseases
TADA	Terrorist and Disruptive Activities (Prevention) Act
TCP	Transfer Call Protocol Transmission Control Protocol
TELCO	Tata Engineering and Locomotive Company
TFT	Thin-Film Transistor
TIFR	Tata Institute of Fundamental Research
TISCO	Tata Iron and Steel Company
TOEFL	Test of English as a Foreign Language
UAV	Unmanned Aerial Vehicle
UGC	University Grants Commission
ULFA	United Liberation Front of Asom
UNESCO	United Nations Educational, Scientific and Cultural Organi-sation
UNI	United News of India
UNICEF	United Nations International Children's Emergency Fund (now, 'United Nations Children's Fund')
UNU	United Nations University
UPA	United Progressive Alliance
UPSC	Union Public Service Commission
URL	Uniform Resource Locator
VAT	Value Added Tax
VCR	Video Cassette Recorder
VIP	Very Important Person
VIRUS	Vital Information Resources Under Siege
VRML	Virtual Reality Modelling Language
VRS	Voluntary Retirement Scheme
VSSC	Vikram Sarabhai Space Centre
WHO	World Health Organisation
WMO	World Meteorological Organisation
WTO	World Trade Orga-nisation
WWF	World Wildlife Fund
WWW	World Wide Web
WYSIWYG	What you see is what you get
XML	Extensible Mark-up Language
YMCA	Young Men's Christian Association
ZIP	Zone Improvement Plan

Short Name	Full Form or Abbreviations
IPO	Initial Public Offering
IPS	Indian Police Service; Inter Press Service
IQ	Intelligence Quotient
IRC	International Red Cross
IRDP	Integrated Rural Development Programme
IRS	Indian Revenue Service
ISBN	International Standard Book Number
ISDN	Integrated Services Digital Network
ISI	Indian Standards Institution; Inter Services Intelligence
ISKCON	International Society for Krishna Consciousness
ISO	International Standards Organisation
ISRO	Indian Space Research Organisation
IST	Indian Standard Time
ITBP	Indo-Tibetan Border Police
ITES	Information Technology enabled services
ITI	Indian Telephone Industries Industrial Training Institute
ITU	International Telecommunication Union
IVF	In-Vitro Fertilisation
IVM	In-vitro Maturation
JCO	Junior Commissioned Officer
JEE	Joint Entrance Examination
JPEG	Joint Photographic Expert Group
LASER	Light Amplification by Stimulated Emission of Radiation
LCA	Light Combat Aircraft
LCD	Liquid Crystal Display Least Common Denominator
LCM	Lowest Common Multiple
LIC	Life Insurance Corporation (of India)
LLB	Bachelor of Laws
LMC	Large Megallanic Cloud
LTTE	Liberation Tigers of Tamil Elam
M.A.	Magisiter Artium (Master of Arts)
M.D	Doctor of Medicine
MBA	Master of Business Administration
MBBS	Bachelor of Medicine and Bachelor of Surgery
MCC	Marylebone Cricket Club
MCI	Medical Council of India
MICR	Magnetic ink character recognition
MIDI	Musical Instrument Digital Interface
MIPS	Million Instructions per Second
MIT	Massachusetts Institute of Technology; Master Instruction Tape
MLA	Member of Legislative Assembly
MNC	Multi-National Corporation
MODEM	modulator demodulator
MP	Member of Parliament; Madhya Pradesh
MPEG	Motion Picture Experts Group
MRCP	Member of the Royal College of Physicians
MTCR	Missile Technology Control Regime
MVC	Maha Vir Chakra
NAAC	National Assessment and Accreditation Council
NABARD	National Bank for Agriculture and Rural Development
NAFED	National Agricultural Co-operative Marketing Federation
NALCO	National Aluminium Company Ltd.
NASA	National Aeronautics and Space Ad ministration
NASDAQ	National Association of Securities Dealers Automated Quotation
NASSCOM	National Association of Software and Service Companies
NATO	North Atlantic Treaty Organisation
NAV	Net Asset Value
NCERT	National Council of Educational Research and Training
NCSA	National Centre for Supercomputing Applications; National Computer Security Association
NDA	National Defence Academy
NOC	No Objection Certificate
NPA	Non-performing Assets
NPT	Nuclear Non-Proliferation Treaty
NRF	National Renewal Fund
NSUI	National Students Union of India
NTPC	National Thermal Power Corporation
OBC	Other Backward Classes
OCR	Optical Character Recognition
ONGC	Oil and Natural Gas Corporation
OOP	Object Oriented Programme
OPEC	Organisation of Petroleum Exporting Countries
OSCAR	Orbiting Satellite Carrying Amateur Radio
PAN	Permanent Account Number
Ph.D.	Doctor of Philosophy (Philosophiae Doctor)
PIL	Public Interest Litigation

Short Name	Full Form or Abbreviations
E & OE	Errors and Omissions Excepted
EDI	Electronic Data Interchange
EIS	Executive Information System
E-MAIL	Electronic Mailing
EMI	Equated Monthly Instalments
ENIAC	Electronic Numerical Integrator and Calculator
ENT	Ear, Nose and Throat
EOF	end of file
EOT	Eastern Daylight Time
EPABX	Electronic Private Automatic Branch Exchange
ERNET	Educational and Research Network
FAQ	Frequently Asked Question
FBI	Federal Bureau of Investigation
FBT	Fringe Benefit Tax
FBTR	Fast Breeder Test Reactor
FBW	Fly-By-Wire
FCI	Food Corporation of India; Fertilizer Corporation of India
FDI	Foreign Direct Investment
FEMA	Foreign Exchange Management Act
FICCI	Federation of Indian Chambers of Commerce and Industry
FIFA	International Football Federation (Fed eration Internationale de Football Associa tion)
FIR	First Information Report
FM	Frequency modulation
FRCP	Fellow of the Royal College of Physicians
FRCS	Fellow of the Royal College of Surgeons
FRCS	Fellow of the Royal Geographical Society
FRS	Fellow of the Royal Society
G7	Group of Seven (US, UK, Germany, France, Italy, japan and Canada) G8 includes G7 plus Russia
GATE	Graduate Aptitude Test in Engineer ing
GATS	General Agreement on Trade and Ser vices
GDP	Gross Domestic Product
GMAT	Graduate Management Admission Test
GMT	Greenwich Mean Time
GSLV	Geo-Synchronous Satellite Launch Ve hicle
GSM	Global System for Mobile Communica tions
GSP	Generalised System Preference
GUI	Graphical User Interface
HAL	Hindustan Aeronautics Limited.
HIV	Human Immunodeficiency Virus
HMI	Himalayan Mountaineering Institute
HTML	Hyper Text Markup Language
HUDCO	Housing and Urban Development Corp.
HVAC	Heating, Ventilating and Air Conditioning
i.e.	id est (that is)
IAAI	International Airport Authority of India
IAEA	International Atomic Energy Agency
IARI	Indian Agricultural Research Institute
IAS	Indian Administrative Service
IATA	International Air Transport Association
IBM	International Business Machines
ICSE	Indian Certificate of Secondary Educa tion
ICU	Intensive Care Unit
ICWA	Indian Council of World Affairs
IDA	International Development Agency
IDBI	Industrial Development Bank of India
IEEE	Institute of Electronics and Electrical Engineers
IELTS	International English Language Testing System
IFC	Industrial Finance Corporation, International Finance Corporation
IFS	Indian Foreign Service; Indian Forest Service
IGNOU	Indira Gandhi National Open Uni versity
IIPA	Indian Institute of Public Administration
IISCO	Indian Iron and Steel Company
IISS	International Institute of Strategic Stud ies
IIT	Indian Institute of Technology
ILA	Indian Library Association
ILO	International Labour Organisation
IMAP	Internet Mail Access Protocol
IMF	International Monetary Fund
INA	Indian National Army
INTUC	Indian National Trade Union Con gress
IOC	Indian Oil Corporation
IP	Internet Protocol
IPC	Indian Penal Code
IPCL	Indian Petro-Chemicals Corporation Ltd
IPI	International Press Institute

Short Name	Full Form or Abbreviations
3G	Third Generation
AAA	Asian Athletics Association
AAFI	The Amateur Athletics Federation of India
AC	Ante Christum (Before Christ), Ashok Chakra, Air Conditioner
ADB	Asian Development Bank
AFI	Athletics Federation of India
AFMC	Armed Forces Medical College
AI	Artifical Intelligence, Air India
AICTE	All India Council for Technical Education
AIFF	All India Football Federation
AIIMS	All India Institute of Medical Science
AITUC	All India Trade Union Congress
ALGOL	Algebric Oriented Language
AM	Ante Meridiem (before Noon), Amplitude Modulation
APEC	Asia Pacific Economic Cooperation
ARPANET	Advanced Research Project Agency Network
ASCII	American Standard Code for Informa tion Interchange
ASEAN	Association of South East Asian Na tions
ASLV	Augmented Satellite Launch Vehicle
AT&T	American Telegraphic and Telephone Co. Ltd.
ATC	Air Traffic Control
ATM	Automated Teller Machine
AVSM	Ati Vishisht Seva Medal
B2B	Busines to Business
B2C	Business to Consumer
BARC	Bhabha Atomic Research Centre
BBC	British Broadcasting Corporation
BBS	Bulletin Board Service
BC	Before Christ
BHEL	Bharat Heavy Electri-cals Ltd
BIOS	Basic Input Output System
BIT	Binary Digit
BPL	Below Poverty Line
BPO	Business Process Outsourcing
BPR	Business Process Re-engineering
bps	bytes per second
BSE	Bombay Stock Exchange
BSF	Border Security Force
BSNL	Bharat Sanchar Nigam Limited
C2C	Consumer to Consumer
CA	Chartered Accountant
CAD	Com puter Aided Design
CAT	Common Admis sion Test
CBI	Central Bureau of Investigation
CBSE	Central Board of Secondary Education
CDAC	Centre for the Development of Ad vanced Computing
CDMA	Code Division Multiple Access
CEO	Chief Executive Officer
CFSL	Central Forensic Science Laboratory
CGI	Common Gateway Interface
CIA	Central Intelligence Agency
CID	Criminal Investigation Department
CISC	Complex instruction-set computing
CITU	Centre of Indian Trade Unions
CNN	Cable News Network
COMSAT	Communications Satellite Corporation
COPRA	Consumer Protection Act
CORBA	Common Object Request Broker Architecture
CPI(M)	Communist Party of India / Marxist
CPWD	Central Public Works Department
CRIS	Centre for Railway Information System
CSIR	Council of Scientific and Industrial Research
CTBT	Comprehensive Test Ban Treaty
CYMK	Cyan, Yellow, Magenta, Kinda
D.Litt.	Doctor of Literature
D.Phil.	Doctor of Philosophy
D.Sc	Doctor of Science
DC	Direct Current
DIG	Deputy Inspector General
DMA	Direct Memory Access
DMK	Dravida Munetra Kazhagam
DNA	Deoxyribo-nucleic Acid
DTP	Desktop Publishing
DVC	Damodar Valley Corporation
DVD	Digital Versatile/Video Disc