Banking Abbreviations

61.What is the full form of “CD”?
a.
b.
c.
d.

Option”A” is correct

A certificate of deposit (CD) is a product offered by banks and credit unions that provides an interest rate premium in exchange for the customer agreeing to leave a lump-sum deposit untouched for a predetermined period of time. Almost all consumer financial institutions offer CDs, although it’s up to each bank which terms it wants to offer, how much higher the rate will be compared to the bank’s savings and money market products, and what penalties it applies for early withdrawal.

62.What is the full form of “FFA”?
a.
b.
c.
d.

Option”A” is correct

“Federal financial assistance” means assistance in the form of any grant, loan, or contract (other than a contract of insurance or guaranty). This includes use of equipment, donations of surplus property, and other forms of assistance.

63.What is the full form of “CMP”?
a.
b.
c.
d.

Option”C” is correct
64.What is the full form of “IBS”?
a.
b.
c.
d.

Option”A” is correct
65.What is the full form of “CBI”?
a.
b.
c.
d.

Option”D” is correct
66.
What is the full form of “STD”?
a.
b.
c.
d.

Option”A” is correct
67.What is the full form of “PCARDB”?
a.
b.
c.
d.

Option”C” is correct
68.What is the full form of “UBB”?
a.
b.
c.
d.

Option”C” is correct

 

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