>> ABBREVIATIONS & INFORMATION RELATED TO BANKING << *********************************************** ==>> GDP Gross Domestic Product.

. ==>> NBFC Non banking finance company. ==>> Bear and Bulls related to Stock Market. ==>> SDR (Special Drawing Rights) issued by IMF. ==>> Chairman of 13 th finance commission Vijay Kelkar. ==>> Financial Inclusion -- Banking services to rural people. ==>> Balance Sheet - The details of the companies financial position in the annual report of a company. ==>> IRDA (Insurance Regulatory Development Authority) It regulated Insurance companies in India. ==>> RBI : The financial body which frames Monetary and Financial policy in India ==>> Kirit Parekh Committee : committee that recommended the hike of petrol and diesel prices ==>> KYC : Know Your Customer - For preventing frauds and counterfeiting in a bank, RBI has proposed this scheme. ==>> FCCB : Foreign Currency Convertible Bond - Organization that deals with Fertilizer industry. ==>> MAT Minimum Alternate Tax. ==>> SME Small and Medium Enterprises. ==>> SSI - Small Scale Industries ==>> FCRA Foreign Contribution Regulation Act. ==>> APEC Asia Pacific Economic Cooperation. ==>> NPA Non Performing assets ==>> POS Point of sale ==>> ECS Electronic Clearing system ==>> FTA - (Free Trade Agreement) The exchange of goods between the two or more countries. ==>> TPF Trade policy Forum. ==>> CRISIL - Credit Rating agency in India ==>> IIP (Index of Industrial Production) ==>> NCDEX (National Commodity and Derivatives Exchange) ==>> NABARD(National Bank for Agriculture and rural development) ==>> ADB (Asian Development Bank ) ==>> POS -- Point of Scale ==>> VAT stands for -- Value Added Tax ==>> GST : Good and Service Tax. ==>> NEFT full form -- National Electronic Fund Transfer. ==>> LLP Limited Liability Partnership. ==>> RTGS (Real Time Gross Settlement) ==>> FINO -- Financial Inclusion Network and Operations. ==>> ETF -- Exchange Traded Fund ==>> PPP means : purchasing power parity. ==>> N.A.V. Net Assets Value. ==>> SEBI (Security Exchange Board of India).

1. Which is the First Bank in India # Bank of Hindustan 2. Which is the oldest public bank in India # Allahabad Bank 3. Which is first indian bank to introduce internet banking # ICICI 4. Which is the first Bank managed by Indians # Oudh Commercial Bank 5. Which is the first foreign Bank in India # Chartered Bank 6. Which is the first bank to get ISO certificate # Canara Bank 7. Which is the first bank in India to introduce ATM # H.S.B.C bank 8. Which is the first bank in India to start its branches outside India # Bank of India 9. Which is the first bank started with Indian capital (Indian owned bank) # Punjab National Bank 10. Which bank was inaugurated by Mahatma Gandhi in 1919 # Union Bank of India