Found 9 Articles for Shortform

What is an SUV? SUV stands for Sports Utility Vehicle It has a tough look and has the ability to carry passengers as well as goods. People can have a feeling that an SUV is a light truck. These vehicles come with the feature of four-wheel drive. Types of SUV SUVs are of many types and they are discussed below in detail. Compact Crossover Compact Crossover is the smallest SUV and is also popular by the name of crossover cars. The vehicle comes with an all-wheel drive and resembles a car. These SUVs are fuel efficient as they are ... Read More

What is RTO? The full form of RTO is Regional Transport Office. This is a government department or agency that takes care of everything related to a vehicle whether issuing a driving license, transferring from one state to another, issuing different types of certificates, and many more. You can find an RTO office in each state and union territory Functions of RTO There are different types of functions performed by RTO and they are discussed here in detail Registration of a Vehicle Vehicle registration is one of the most important jobs performed by RTO. In this process, RTO provides registration ... Read More

What is PAN? PAN can be expanded as Permanent Account Number. This is a 10-digit unique ID which consists of letters and numbers. The income tax department issues PAN this number to the people who have to pay taxes. Information related to tax-related transactions is recorded through this number. The types of transactions that are recorded in a database include − Tax collected at source (TCS Tax deducted at source (TDS) credits Income tax payments Return on investments Return on gifts Return on wealth PAN Card A PAN Card is issued to each individual by the tax department. ... Read More

What is INR? The full form of INR is the Indian Rupee which is the currency of India. It is the International Organization for Standardization currency code for Indian rupee and its symbol is₹. It got its name rupee from the rupiya which was a silver coin started by Sher Shah Suri. Indian Rupee comes in the form of coins and banknotes. You can find coins of one, 2, 5, and 10 rupees and above that only notes are available. RBI Role in Currency Management RBI is taking care of the Indian currency through the Reserve Bank of India Act ... Read More

What is IFSC? The full form of IFSC is the Indian Financial System Code. The code consists of 11 characters. Which include letters and numbers. The code is used to identify bank branches when money has to be transferred through NEFT and RTGS. Here NEFT stands for National Electronic Funds Transfer and RTGS stands for Real-Time Gross Settlement. RBI also uses the code to identify the electronic transfer of money. How does IFSC Work? IFSC code consists of 11 characters and it is used to transfer money through NEFT and RTGS. The first four characters of IFSC denote the bank ... Read More

What is HDFC? HDFC can be expanded as Housing Development Finance Corporation. HDFC has been providing its services for the last four decades and has an association with the Indian housing sector. Mr. H. T. Parekh is the founder of the organization and has the aim of serving the customer first. The organization has interconnected offices all over India. Products and Services of HDFC HDFC provides many products and services to its customers and some of them are as follows− Loans for purchasing and constructing a house Loans for the purchase of land Loans for home improvement Loans for ... Read More

What is ECS? The motto of digital India is to go cashless and there are many services and apps available which helps users to make cashless payment. One such mode of payment is CS which can be expanded as Electronic Clearing Service. It is a method that is used by big organizations to transfer funds in bulk electronically. ECS is used for transferring those funds that have to be sent periodically. This type of fund transfer includes fees, salaries, interest, pensions, loan installments, dividends, etc. Bills can also be paid and dues can be cleared through this method. It can ... Read More

What is DP? Data processing is a technique in which raw data is converted into useful information that organizations can use to run their business successfully. The team of data scientists is responsible for data processing. Raw data is provided to the data scientists and they follow the data processing life cycle to complete the task. DP Lifecycle DP lifecycle consists of six processes and they are discussed below in detail. Collection Data collection is the first step in the data processing life cycle. There are many sources in an organization from where raw data can be collected. Raw data ... Read More

What is RPM? The full form of RPM is revolutions per minute. RPM is used to check the operation and movement of a vehicle or a machine at any given time. If we talk about cars, RPM means the measurement of rotation of the crankshaft of a car engine in a single minute. This also helps in measuring the movement of the piston in its cylinder. How does RPM work? RPM is related to the speed of the internal combustion engine. When the car accelerates and picks up speed and RPM also increases. Pistons are pushed down when the engine ... Read More