Full forms of important study abroad terms
The full form of ADR is an American Depositary Receipt. ADRs are negotiable documents issued by U.S. depositary banks that frequently represent a certain percentage of the shares of stock of a foreign company. The ADR trades on US stock exchanges similarly to any domestic stock. ADRs allow American investors to purchase shares in overseas […]
The full form of GIS is the Geographic Information System. It is a system that gathers, assesses, handles, manipulates, and views various geographic and spatial data. It enables you to manage big data sets, perform spatial analysis, and present and analyse the data as maps or graphs. Due to these benefits, GIS is a valuable […]
The full form of UNDP is the United Nations Development Programme. In more than 170 countries, it works to reduce poverty and prevent discrimination and exclusion. Communities can use it to build strategies, leadership traits, teamwork abilities, and resilience to support sustainable development. The UNDP is run by a manager who oversees a 36-member executive […]
The full form of EDP is Electronic Data Processing. It has to do with how commercial data operations run, how storage records are handled, and how computers are used to transmit information from a sheet into an electronic format electronically. It was developed using the term DP (data processing). It is interchangeable with MIS or […]
The full form of JAIIB is the Junior Associate of the Indian Institute of the Bankers. It is a subsidiary examination administered by the IIBF (Indian Institute of Banking and Finance). Its examination is conducted to evaluate a person’s essential expertise in carrying out the duties of a banking professional. A person needs to be […]
The full form of EXIM is the Export-Import Bank of the United States. The official ECA of the US federal government is EXIM (export credit agency). The Bank boosts funding and promotes U.S. trade in commodities and services as a completely owned federal government organisation. EXIM steps in when private sector lenders are unable or […]
The full form of TCP/IP is Transmission Control Protocol/Internet Protocol. The rules and procedures that govern online computer communication are known as a protocol. Although TCP/IP is commonly referred to as the Internet Protocol Suite, it is actually one of its essential protocols. It was founded in 1978 by Bob Kahn and Vint Cerf. TCP/IP […]
The full form of CISF is the Central Industrial Security Force. It is the Indian Central Armed Police Force, which reports to the Indian Ministry of Home Affairs. It is the largest industrial security force in the world. It employs roughly 170,000 people over its thirty-two battalions. The company’s headquarters are in New Delhi, India. […]
The full form of HDFC is the Housing Development Finance Corporation. A well-known Indian housing finance company, HDFC primarily offers mortgage loans to middle- and lower-class people for the purchase of homes and to builders for construction projects. Its principal objective is to increase homeownership and the residential housing supply by methodically providing housing finance. […]
The full form of ERP is Enterprise Resource Planning. Many commercial businesses use this business management software to improve the effectiveness and standard of their operations. It is an effective business tool. It is used to collect, store, handle, and analyse data from various business operations, including product planning, expense management, production or service distribution, […]