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Study Material: Abbreviations from Budget

Abbreviations from Budget

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 Offer
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

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