Important Abbreviations Questions and Answers

Answer: C

Correct answer: External Commercial Borrowing

ECB is borrowing raised by an Indian entity from a foreign lender, subject to limits set by the RBI.

Answer: B

Correct answer: Moving Picture Experts Group

MPEG is the Moving Picture Experts Group, the committee responsible for the video and audio compression standards that carry its name.

Answer: C

Correct answer: Common Business Oriented Language

COBOL is Common Business Oriented Language, designed for business data processing and readable enough for a manager to follow.

Answer: B

Correct answer: Common Admission Test

The CAT is the entrance examination for the Indian Institutes of Management.

Answer: D

Correct answer: Graphical User Interface

A GUI is a Graphical User Interface: windows, icons, menus and a pointer, as against typed commands.

Answer: D

Correct answer: American Express

Amex is the common short form of American Express. The American Stock Exchange used the same abbreviation, which is why both appear among the options.

Answer: B

Correct answer: File Transfer Protocol

FTP is the File Transfer Protocol, used to move files between hosts and to log in to a file server.

Answer: C

Correct answer: Compact Disc ROM

CD-ROM is Compact Disc Read Only Memory: a compact disc pressed with data that can be read but not altered.

Answer: B

Correct answer: Cathode Ray Tube

A CRT is a Cathode Ray Tube: an electron beam is swept across a phosphor screen to draw the picture. It was the display technology before LCDs.

Answer: D

Correct answer: Hongkong and Shanghai Bank Corporation

HSBC was founded in 1865 to finance trade between China and Europe.