List Of Business And Economic Abbreviations: Quiz

Reviewed by Editorial Team
The ProProfs editorial team is comprised of experienced subject matter experts. They've collectively created over 10,000 quizzes and lessons, serving over 100 million users. Our team includes in-house content moderators and subject matter experts, as well as a global network of rigorously trained contributors. All adhere to our comprehensive editorial guidelines, ensuring the delivery of high-quality content.
Learn about Our Editorial Process
| By Tanmay Shankar
T
Tanmay Shankar
Community Contributor
Quizzes Created: 491 | Total Attempts: 1,857,246
| Attempts: 1,560 | Questions: 5
Please wait...
Question 1 / 5
0 %
0/100
Score 0/100
1. What is the full form of RBI?

Explanation

The correct answer is "Reserve Bank of India." The RBI is the central banking institution of India, responsible for the issue and supply of the Indian rupee and the regulation of the Indian banking system. It acts as the banker's bank and manages the monetary policy of the country.

Submit
Please wait...
About This Quiz
List Of Business And Economic Abbreviations: Quiz - Quiz

This quiz focuses on common business and economic abbreviations such as FDI, CRR, and IPO. Test your knowledge on these essential terms, enhancing your understanding of key financial... see moreconcepts and economic operations. see less

2. What is the full form of FDI?

Explanation

FDI stands for Foreign Direct Investment. This refers to the investment made by a company or an individual from one country into another country. It involves the direct ownership or control of assets in the foreign country, such as the establishment of a subsidiary or the acquisition of a stake in an existing company. FDI is considered important for economic growth as it brings in capital, technology, and expertise, and stimulates job creation and innovation in the host country.

Submit
3. What is the full form of CRR?

Explanation

The correct answer is Cash Reserve Ratio. Cash Reserve Ratio refers to the percentage of a bank's total deposits that it is required to keep with the central bank as a reserve. This reserve helps in maintaining liquidity in the banking system and controlling inflation. It is an important tool used by central banks to regulate the money supply in the economy.

Submit
4. What is the full form of SEZ?

Explanation

SEZ stands for Special Economic Zone. It is a designated area within a country that is subject to unique economic regulations and policies. SEZs are established to attract foreign investment, promote exports, and stimulate economic growth. These zones offer various incentives such as tax breaks, relaxed labor laws, and streamlined customs procedures to attract businesses. SEZs play a crucial role in promoting industrialization, job creation, and overall economic development in a country.

Submit
5. What is the full form of IPO?

Explanation

IPO stands for Initial Public Offering. It is the process through which a private company becomes a publicly traded company by offering its shares to the public for the first time. This allows the company to raise capital by selling ownership stakes to investors. The other options, Indian Public Offering and Indian Paid Offering, are not widely recognized terms and do not accurately represent the concept of IPO. Initial Paid Offering is not a commonly used term in the context of public offerings.

Submit
View My Results

Quiz Review Timeline (Updated): Jul 19, 2024 +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Jul 19, 2024
    Quiz Edited by
    ProProfs Editorial Team
  • Jun 11, 2014
    Quiz Created by
    Tanmay Shankar
Cancel
  • All
    All (5)
  • Unanswered
    Unanswered ()
  • Answered
    Answered ()
What is the full form of RBI?
What is the full form of FDI?
What is the full form of CRR?
What is the full form of SEZ?
What is the full form of IPO?
Alert!

Advertisement