Banking Terms for competitive exams PART-5

1. CII :- CII stands for Confederation of Indian Industries. It was established in 1895. It is a non-government organisation. There are 8000 members in this organisation. Public and Private sectors are included in this.
2. CP :- CP stands for Commercial Paper. It is a money market security which is sold by companies as a share or bond to recover the short term needs.
3. CPI :- CPI stands for Consumer Price Index. This index helps to measure the changes between market goods for consumers and consumed goods by consumers.CPI = update cost / base period cost x100
4. CCEA :- CCEA stands for Cabinet Committee on Economic Affairs. This committee takes decisions for the economic development of the country. In 2012 , Our former PM DR. Manmohan Singh took the decision to start the Scholarship scheme for SC students. So these activities help to improve the economic condition as well.
5. CR :- CR stands for Capital Receipts. The amount received from the sale of Asset used for carrying business is known as Capital Receipt. For instance, amount released from debtors, bill receivable, sale of any fixed asset or any investment.