Question

Expand these terms

IRDAI

CAMELS

SLR

CRR

KYC

REPO

ABS

SLC

NSE

OTC

LIBOR

CDO

Answer 1

Answer :

1.) IRDAI : Insurance Regulatory Development Authority of India.

2.) CAMELS : Capital adequacy, Asset Quality Management, Earning, Liquidity, Sensitivity.

3.)SLR : Statutory Liquidity Ratio

4.) CRR :Cash Reserve Ratio.

5.) KYC : Know your Customer

6.) REPO : Repository

7.) ABS : Asset Backed Security

8.) SLC : Standby Letter of Credit.

9.) NSE : National Stock Exchange.

10.) OTC : Over the Counter

11.) LIBOR : London Interbank Offer Rate.

12.) CDO : Collateralized Debt Obligation.

Note : The terms asked are related to financial market , Insurance and Banking.