Full forms of important study abroad terms
The full form of SLR is Statutory Liquidity Ratio. The Reserve Requirement, or SLR, is a term used by the Indian government to refer to the requirement that commercial banks have authorised security in the form of cash, gold reserves, or RBI (Reserve Bank of India) before extending credit to customers. In essence, it is […]
The full form of NGO is Non-Governmental Organisation. Any non-profit, volunteer organisation (NGO) formed to address issues with social structure, children, the poor, the environment, etc. NGOs strive to empower people and improve society. NGO is not a general revenue corporation or a non-governmental organisation. NPO is another name for NGO (non-profit organisation). It can […]
The full form of LOC is Line of Control in its entire form. The Line of Control (LOC) is the boundary between the militaries of Pakistan and India that control the portions of the former princely state of Jammu & Kashmir. The Line of Control is a de facto border between India and Pakistan rather […]
The full form of NCR is National Capital Region. The NCR is the metropolitan area that includes all of Delhi’s boundaries and other neighbouring districts from UP, Rajasthan, and Haryana states. Delhi and the metropolitan areas of the neighbouring states are therefore included in what is known as the NCR. The basis for the NCR […]
The full form of NPCI is National Payments Corporation. It is a cooperative organisation for all Indian retail payment companies. Under the RBI, the Indian Banks Association created and backed NPCI (Reserve Bank of India). The NPCI was established following the Settlement & Payment Systems Act 2007. The NPCI are 10 core promoter banks: PN […]
The full form of ONGC is Oil and Natural Gas Corporation. The Ministry of Petroleum and Natural Gas, Government of India supervises ONGC, a public sector undertaking. It is a multinational organisation with its headquarters in India’s capital city of New Delhi that deals with crude oil and gas. According to the Company Act of […]
The full form of OTG is On-The-Go. OTG is a Universal Serial Bus (USB) standard that enables the connection of USB devices. USB OTG devices can connect without a computer connection. A USB OTG link can connect your smartphone or tablet to various devices. This link features a USB-A port on one side and a […]
The full form of CBSE is Central Board of Secondary Education. The Indian Union Government runs and regulates CBSE, a national education board for both public and private schools in India. CBSE requires all affiliated schools to use exclusively NCERT curricula. There are around 20,299 schools, and 220 have affiliates in 28 other countries. Background […]
The full form of KRA is Key Result Area or Key Responsibility Area. KRA is a management concept that describes the role and responsibilities of an employee as well as the various work areas for which he may assume responsibility. Due to the unique KRAs assigned to each person, KRA primarily focuses on their JD […]
The full form of UPS is Uninterruptible Power Supply. In the absence of primary mode or when the power is switched off, a UPS power supply system with an inbuilt battery uses the battery as a power source. An UPS can keep a computer running for a few minutes, giving users ample time to remember […]