||American Depositary Receipt
||It is a kind of certificate which a bank issues. These certificates are also related to foreign countries which is why they are also sometimes known as GDR (Global Depositary Receipt)
|| Annual General Meeting
||Annual General Meeting is usually held by the public organizations. These meetings are generally addressed as Annual Meetings. In this meeting, each and every member of the organization tries to participate. The main purpose of such meetings is that all members who participate in the meeting discuss about the plans for the next whole financial year with the board of directors. In this meeting, members also ask questions to the board of directors.
|| All India Rural Credit Survey Committee
||This is the committee which was held in 1966 by Reserve Bank of India. The main objective of the committee is to manage, control and handle the credit needs of agriculture.
||Available for Sale
||Which is a financial term used for classifying the assets.
||Association of Mutual Fund in India
||This is the association which was established in the year 1995. The objective of the association is mainly to develop the mutual fund market in India.
|| Association Chambers of Commerce and Industry of India.
||It was established in 1920. ASSOCHAM is a Non– Government Organization. The motive of the organization is to expand and promote the Domestic trade in International countries and remove the probable barriers to trade.
|| Automatic Teller Machine
||We can use ATM to withdraw money from our bank account or take a credit from a bank without visiting that Bank. It usually saves a lot of time. But the amount that can be withdrawn from an ATM has a limit on it.
||It basically defines the risks that are associated with business and helps to manage the Balance Sheet of the organization. So, mainly it is concerned with interest rate risk, currency risk, foreign currency risk and liquidity risk.
||Basic Saving Bank Deposit Account
||It is a type of saving account in which a customer can open his account with a minimum balance of zero. And also there is no maximum limit on the withdrawal and depositing of money from the account. But there is a condition that a person who is holding BSBDA should not possess any other account in any branch of that same bank.
||Bank of International Settlement
||An International Financial Institution established in 1930. Its banking services are only provided to the central banks and International organizations.
||Balance of Payment
||It is also known as the balance of International Payments. It includes the economic activities which are taking place with residents of a country and also with non-residence of the country. These activities and transactions are made by the government as well as individual also. BOP includes all non-visible transaction and external transaction of the country.
|| Capital Account Deficit
||For CAD calculation, one needs to find the total sum of all deficits that occurred in trade, net income that is paid from abroad and net transfers.
CAD = Trade deficit + Net Income from Abroad + Net Transfers
||Controller and Auditor General of India
||The auditor general is usually appointed and assigned by the President of India. Shashi Kant Sharma is the present CAG of India. He is the 12th CAG appointed in 2013.
||Capital Adequacy Asset Quality, Management, Earning, Liquidity, Systems & Controls
||The Federal Reserve of India in 1995, changed the abbreviation from CAMEL to CAMELS.
||Comprehensive Economic Partnership Agreement.
||This was formed on 2009. India & South Korea were the two countries to sign on this agreement.
|| Cash Credit
||It is almost similar to a short term loan. In this, a businessman takes the loan to fulfill his capital requirements. In other words, it is a kind of facility which is provided by banks to withdraw money as loan more than the credit held by a person.
||It is similar to a saving account in which, bank saves the deposits in lockers and then that bank issue the deposit certificate.
||Comprehensive Economic Cooperation Agreement
|| This was formed in 2006. India signed the economic cooperation agreement with Japan, for promoting trade.
||It is almost similar to a financial institution which generates and provides credit facilities like loans to the companies.
|| Confederation of Indian Industries
||A non- governmental organization established in 1895. This organization consists of 8000 members. In this organization, all Private and Public sectors are included.
||Companies sell their CP as money market security as a bond or share to fulfill the short term needs.
||Cabinet Committee on Economic Affairs
||Its main function is to take decisions regarding the country’s economic development. In 2012, DR. Manmohan Singh decided to start scholarship schemes for Scheduled Caste students, to help improve the economic condition of students.
||The revenue generated by selling the assets which were used in carrying out business is termed as Capital Receipt. For example, amount released from companies’ debtors, receivable bill, or sale of a fixed asset or any investment.
||Cash Reserve Ratio
||It helps to maintain the liquidity of the invested capital. When CRR is increased, the rate of interest increases and supply of money falls and vice versa.
|| Capital to Risk Weighted Assets Ratio
||It also known as Capital Adequacy Ratio. Defined as a ratio between risks to the capital.
|| Council of Scientific and Industrial Research
||It is one of the largest research and development organization established in 1942.
||Central Statistical Organization
||It is responsible for every statistical activity occurring in India. The main objective of CSO is handling these statistical activities.
||Core Banking Solutions
||The main purpose of CBS is to connect all the branches of the bank via networking, which allows account holder to access their accounts, and enjoy all the banking services at any branch of that Bank connected by CBS network.