Abbreviations

 

List of Abbreviations:

BBC-British Broad Casting Corporation.

BC-Before Christ

HR-Human resource

LPG-Liquefied Petroleum Service

SMS-Short Message service

NASA-National Aeronautic and Space Administration

NITI-National Institute for Transforming

NIFT-National Institute of Fashion Technology

VAT-Value Added Tax

MICR-Magnetic Ink Character Recognition

EFT-Electronic Funds Transfer

AICTE-All India Council For Technical Education

WHO-World Health Organization

NCC-National Cadet Crops

CID-Crime Investigation Department

VIP-Very Important Person

RBI-Reserve Bank of India

IAS-Indian Administration Service.

PTO-Page Turn Over.

MBBS-Bachelor of Medicine and Bachelor of Surgery.

UNESCO-United Nations Integration Scientific Cultural Organization.

UNICEF –United Nation International Children’s Emergency Fund.

ASSOCHAM- The Associated Chambers of Commerce and Industry of India

ASTO -Association of Sea Training Organizations

DAP -Diammonium Phosphate (Urea)

CENVAT- Central Value Added Tax

GDR- Global Depositary Receipt

MRPL- Mangalore Refineries & Petrochemicals Limited

APM -Administered Price Mechanism

AICPI(IW) -All India Consumer Price Index (IndustrialWorkers)

ACR -Annual Confidential Report

BEL -Bharat Electronics Limited

BHEL -Bharat Heavy Electricals Limited

BSNL- Bharat Sanchar Nigam Limited

BIFR- Board for Industrial and Financial Restructuring

BRPSE- Board for Reconstruction of Public Sector Enterprises

BPE -Bureau of Public Enterprises

BPO -Business Process Outsourcing

CPS -Cash Based Profit Sharing

CBDT- Central Board for Direct Taxes

CDA- Central Dearness Allowance

CPC- Central Pay Commission

CPSE -Central Public Sector Enterprises

CMD -Chairman-cum-Managing Director

CEO- Chief Executive Officer

CFO- Chief Finance Officer

COO -Chief Operating Officer

CCA -City Compensatory Allowance

CAG -Comptroller & Auditor General of India

CRS- Compulsory Retirement Scheme

CII -Confederation of Indian Industries

CTC- Cost to the Company

DA- Dearness Allowance

DPS -Deferred Profit Sharing

DPE -Department of Public Enterprises

ESPP -Employee Stock Purchase Plan

EPS -Employees Pension Scheme

ESOP- Employees Stock Option Plan

ERP –Enterprises Resource Planning

FMCG -Fast Moving Consumer Goods

FICCI -Federation of Indian Chamber of Commerce and Industry

FRBM- Fiscal Responsibility and Budget Management

FDI -Foreign Direct Investment

FEMA -Foreign Exchange Management Act

FERA- Foreign Exchange Regulation Act

GAIL -Gas Authority of India Ltd

GDP -Gross Domestic Product

HoD- Head of Department

HPPC- High Power Pay Committee

HAL -Hindustan Aeronautics Limited

HMT- Hindustan Machine Tools

HRA- House Rent Allowance

HRD -Human Resource Development

IIM -Indian Institute of Management

IIT- Indian Institute of Technology

IOC- Indian Oil Corporation

ISM- Indian School of Mines

ITI- Indian Telephones Industries

IDA -Industrial Dearness Allowance

IT- Information Technology

ITES- Information Technology Enabled Services

IPE- Institute of Public Enterprises

IS- Industry Segment

ISO -International Standards Organization

LTC- Leave Travel Concession

LIC -Life Insurance Corporation of India

LPG- Liquefied Petroleum Gas

MTNL- Mahanagar Telephone Nigam Ltd

MOU- Memorandum of Understanding

M&A- Mergers & Acquisitions

MSTC- Metals & Scrap Trading Corporation

MMTC -Minerals & Metal Trading Corporation

MRTP -Monopolies & Restrictive Trade Practices

MNC -Multi National Company

NALCO -National Aluminium Company

NCMP- National Common Minimum Programme

NFC National Fire College

NIETE National Institute of Industrial Engineering.

NLC National Labour Commission

NRF National Renewal Fund

NSS -National Sample Survey

NTPC- National Thermal Power Corporation

NEP -New Economic Policy

NPA- Non Practicing Allowance

NRI- Non Resident Indians

NUS- Non Unionised Supervisors

OM- Office Memorandum

ONGC -Oil & Natural Gas Corporation

PRC -Pay Revision Committee

PMS -Performance Management System

PRP- Performance Related Payment

PF- Provident Fund

PDS- Public Distribution System

PESB -Public Enterprises Selection Board

PSE- Public Sector Enterprise

PSU- Public Sector Undertaking

REC-(NIT) Regional Engineering College

R&D -Research and Development

SEBI -Securities Exchange Board of India

SS -Service Sector

SICA -Sick Industrial Companies Act

SEZ -Special Economic Zone

SCOPE -Standing Conference of Public Enterprises

SAIL- Steel Authority of India Ltd

SAR -Stock Appreciation Right

VAT- Value Added Tax

VP -Variable Pay

VER- Very Early Retirement

VSNL -Videsh Sanchar Nigam Ltd

VRS -Voluntary Retirement Scheme

WTO- World Trade Organisation

BA - Bachelor of Arts

BS - Bachelor of Science

MA - Master of Arts

M.PHIL or MPHIL - Master of Philosophy

JD - Juris Doctor

DC - Doctor of Chiropractic

PA - Personal Assistant

MD - Managing Director

VP - Vice President

SVP - Senior Vice President

EVP - Executive Vice President

CMO - Chief Marketing Officer

CFO - Chief Financial Officer

CEO - Chief Executive Officer