What is VAT? The full form of VAT is Value Added Tax. The tax is levied on goods and services that are related to each stage of the supply chain. Here the value is added from the point the production of a product is started to the point where the ... Read More

What is SIP? SIP can be expanded as Systematic Investment Plan. This is a method by which you can make investments in mutual funds. In this type of investment, you will have to choose a type of mutual fund and start investment as per the rules and regulations. The investment ... Read More

What is SIDBI? The full form of SIDBI is Small Industries Development Bank of India. This bank is a subsidiary bank of IDBI. The bank was established under the special Act of the Parliament 1988. SIDBI has been developed for the administration of the National Equity Fund and Small Industries ... Read More

What is NPA? NPA can be expanded as Non-Performing Assets. It is a loan whose interest has not been paid for the past 90 days. An asset is termed as non-performing if it does not earn any revenue for a bank. An asset can be anything which can be ... Read More

What is MICR? MICR can be expanded as Magnetic Ink Character Recognition. The technology was invented in the 1950s so that it can be checked whether the cheques are legal or not. Besides cheques, the validity of other documents can also be checked with the help of this technology. A ... Read More

What is APK? The full form of APK is Android Application Kit. This is a file format that has been developed for the Android operating system. The data that an app needs to run is available in the APK file. The data included in an APK file are − ... Read More

What is PGDM? The full form of PGDM is Post Graduate Diploma in Management. Students who are unable to do MBA due to any reason can go for its alternative called PGDM. You can pursue the course after completing your graduation. Regular, part-time, and online courses are available and you ... Read More

What is PGDCA? The full form of PGDCA is Post Graduate Diploma in Computer Application. This is a course which students can pursue after completing their graduation under any stream. The course can be done by those individuals who want to learn the process of developing different types of computer ... Read More

What is MS? The full form of MS is Master of Surgery. This is a post graduate medical program where doctors are trained for performing surgery and get specialized. The duration of the course is three years and the course can be done by the candidates who have completed their ... Read More

What is MD? The full form of MD is Doctor of Medicine. Students who complete their MBBS course can go for the MD course. MD degrees differ on the basis of the country from where a student has completed the course. Individuals who successfully complete the course are authorized to ... Read More