General Abbreviations

1.	Expand the term SWIFT.
a.	Society for Worldwide International Financial Telecommunications
b.	Society for the Worldwide Interbank Financial Telecommunications
c.	Society for Worldwide International Financial Transfers
d.	Society for Worldwide Interbrain Fiscal Transactions Option “B” is correct. Society for Worldwide Interbank Financial Telecommunications is the full form of SWIFT.

2.	FIMMDA stands for . . . . . . . . .
a.	Foreign Investment Market & Derivatives Market Association
b.	Fixed Income Money Markets & Derivatives Association
c.	Fixed Income & Money Market Development Association
d.	Floating Income & Money Markets Derivative Assets Option “B” is correct. FIMMDA stands for Fixed Income Money Markets & Derivatives Association.

3.	Find the odd one out :
a.	IDBI – Financial assistance to large industries
b.	SIDBI – Financial assistance to small industries
c.	FCI – Financial assistance to food-grains merchants
d.	EXIM Bank – Financial assistance to exporters and importers Option “C” is correct. FCI, the nodal central agency of Government of India, along with other State Agencies undertakes procurement of wheat and paddy under price support scheme.

4.	Full form of BCG is :
a.	Bacillus Cholera Germ
b.	Bacillus Calmette Guerin
c.	Bacillus Curative Gene
d.	Bacillus Cholera Guerin Option “B” is correct. BCG, or Bacillus Calmette-Guerin, is a vaccine for tuberculosis (TB) disease.

5.	GIS stands for :
a.	Global Institute for Soils
b.	Geographical International Studies
c.	Geographical Information Systems
d.	Global Information Statistics Option “C” is correct. GIS stands for Geographical Information Systems.

6.	MODVAT is related to –
a.	Sales tax
b.	Wealth tax
c.	Income tax
d.	Excise Duty Option “D” is correct. MODVAT is related to Excise Tax.

7.	MRTS stands for :
a.	Mass Rapid Transport System
b.	Mass Rapid Transit System
c.	Most Rapid Train Service
d.	Mass Rail Transport System Option “B” is correct. MRTS stands for Mass Rapid Transit System.

8.	National Agricultural Cooperative Marketing Federation is known as –
a.	NIAM
b.	NAFED
c.	MARKFED
d.	NACMF Option “D” is correct. National Agricultural Cooperative Marketing Federation is known as NACMF.

9.	OTEC stands for –
a.	Ocean Thermal Energy Conservation
b.	Oil and Thermal Energy Conservation
c.	Oil and Thermal Energy Convention
d.	Ocean Thermal Energy Conversion Option “D” is correct. OTEC stands for Ocean Thermal Energy Conversion.

10.	RAF is the abbreviated form of which of the following?
a.	Ready Action Force
b.	Rapid Action Force
c.	Reverse Action Force
d.	Repeat Action Force Option “B” is correct. RAF is the abbreviated form of Rapid Action Force.

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