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 'G & 'H;': GDP - Gross Domestic Product GNPA - Gross Non-Performing Asset G-sec - Government Securities GST - Goods and Services Taxes HFCs - Housing Finance Companies HTM - Held to Maturity

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.

Important Banking ABBREVIATIONS starting with alphabet 'F': FATF - Financial Action Task Force FBIL - Financial Benchmark India Pvt. Ltd FCNR(B) - Foreign Currency Non-Resident Account FCVA - Foreign Exchange Forward Contracts Valuation Account FDI - Foreign Direct Investment FDIC - Federal Deposit Insurance Corporation FEMA - Foreign Exchange Management Act FETERS - Foreign Exchange Transactions Electronic Reporting System FI - Financial Institutions FIMMDA - The Fixed Income Money Market and Derivatives Association of India FinTech - Financial Technology FIRMS - Foreign Investment Reporting Management System FMCG - Fast Moving Consumer Goods FPI - Foreign Portfolio Investment FPO - Farmer Producer Organisation FRBM Act - Fiscal Responsibility and Budget Management Act FSDC - Financial Stability and Development Council FSR - Financial Stability Report