LUCENT'S GENERAL ENGLISH

Important Banking ABBREVIATIONS starting with alphabet 'E': e-BAAT - Electronic Banking Awareness and Training ECB - External Commercial Borrowings ECCS - Express Cheque Clearing System EDMS - Electronic Document Management System ETCD - Exchange Traded Currency Derivatives EXIM - Export Import Bank of India

Important Banking ABBREVIATIONS starting with alphabet 'I': IFSCA - International Financial Services Centres Authority IFTAS - Indian Financial Technology & Allied Services IL&FS - Infrastructure Leasing & Financial Services IMF - International Monetary Fund IMFC - International Monetary and Financial Committee IMPS - Immediate Payment Service InvITS - Infrastructure Investment Trusts IRDAI - Insurance Regulatory and Development Authority of India

Digital currency: Digital currency is a form of currency that is available only in digital or electronic form, and not in physical form. It is also called digital money, electronic money, electronic currency, or cyber cash. Since digital currencies require no intermediary, they are often the cheapest method to trade currencies. All cryptocurrencies are digital currencies, but not all digital currencies are crypto. Digital currencies are stable and are traded with the markets, whereas cryptocurrencies are traded via consumer sentiment and psychological triggers in price movement.