Full forms of important study abroad terms
The full form of ESIC is Employees State Insurance Corporation. It is a state-run agency tasked with managing the ESI plan and was established following the 1948 Employee State Insurance Act. The group works to give social services to Indian labourers and their families who make less than Rs. 25000 per month. An all-inclusive insurance […]
The full form of HSBC is Hong Kong and Shanghai Banking Corporation. One of the largest and most well-known financial and banking companies affiliations in the world is held by the British multinational banking and financial services company HSBC. Retail banking and fund management, corporate finance and markets, private and commercial finance, and investment banking […]
The full form of CRM is Customer Relationship Management. CRM is a tactic to maintain and protect the relationship with current and potential customers to support the company’s expansion. It is widely used in all emerging industries. CRMs were set up to gather the business’s customer contact details, such as its email address, website, offerings, […]
The full form of ILFS is Infrastructure Leasing & Financial Services. It is the biggest infrastructure finance and growth company in India. Its objective is to promote the growth and prosperity of the country by creating cutting-edge, high-standard technology and offering customers in India cutting-edge financial solutions. It was founded and funded by the Central […]
The full form of BMB is Bharatiya Mahila Bank. BMB was an Indian investment bank with a Mumbai location. The scheme was introduced on November 19, 2013, the 96th anniversary of former Indian Prime Minister Indira Gandhi’s birth, by former Indian Prime Minister Manmohan Singh. On April 1, 2017, the bank merged with the SBI […]
The full form of CVC is Central Vigilance Commission. CVC is a top-level government organisation in India that was started in 1964 to fight governmental corruption. It is known for being a self-sufficient entity that is unaffected by any executive authority. Its duties include supervising all vigilance actions carried out by the Indian Central Government […]
The full form of UML is Unified Modeling Language. It is a visual modelling language that is widely used and consistent in the field of computer science. It enables the usage of a fantastic method for seeing a system’s blueprint. It is anticipated that it will be used for business modelling, software-based systems, and related […]
The full form of NEET is National Entrance and Eligibility Test. NEET is an admission exam for several medical programmes, including BDS, MBBS, and postgraduate study, at both public and private medical institutions. The NEET UG Exam is annually administered in various regions of India by the NTA (National Testing Agency), the exam’s overseeing body. […]
The full form of IIBI is Industrial Investment Bank of India. From its founding in 1971 until its closure by the Indian government in 2012, IIBI was a financial investment firm under the control of the Indian government. It acted as a development bank to revive India’s failing industrial enterprises. IIBI has provided many goods […]
The full form of MCLR is Marginal Cost of Fund. The MCLR is the lowest rate of interest a bank can charge when making a loan. Because MCLR is an internal standard tied to tenor, the bank determines the rate based on how long a loan has to be repaid in full. With effect from […]