MOU stands as a full form of for Memorandum of Understanding. It is a formal agreement between two or more parties, which represents mutual consent on an issue. This type of document does not imply a legal commitment on the part of the parties; however, it contains all important details and has a high degree of mutual respect and seriousness. It can be considered as the first step to a legal contract and serves as a basis for making a formal contract later on.
The full form of FIR refers to the First Information Report. It is a written document prepared by Police for recoding the information relating to the commission of a cognizable offence. Continue reading “FIR Full Form”
BMW in its full form stands as “Bayerische Motoren Werke”, the renowned automobile manufacturing company based in Munich, Germany. Continue reading “BMW Full Form”
Equated monthly installment, full form of EMI is a fixed amount paid by a borrower to a lender at a specified date each calendar month for a given period. EMI is used to pay off both interest and principal amount monthly until the repayment of the whole loan amount.
This article includes the objective of EMI, how it is calculated, its advantages and disadvantages along with the full form of EMI. Continue reading “EMI Full Form”
Business Process Outsourcing is the full form of BPO. It refers to a business strategy where a company hires another company to perform its one or more non-core tasks- they simply outsource a certain job or jobs. So there are two parties involved in the process- the client company which outsources the task and the external service provider or the vendor. Continue reading “BPO Full Form”
GSM is a second generation or 2G mobile communication system, conceived as a European system, in 1991. It is an open and digital cellular technology through which mobile voice and data services can be transmitted. It operates at the 850MHz, 900MHz, 1800 MHz and 1900MHz frequency bands. Continue reading “GSM Full Form”
One of the most common terms used when one transfers money via bank. Ever wondered what the full form of IFSC is. Well, if you haven’t then, the full form of IFSC is Indian Financial System Code. Continue reading “IFSC Full Form”
These days OCD is a very common disorder seem among people. The full form of OCD is Obsessive Compulsive Disorder. It is basically an anxiety disorder wherein the person experiences unwanted, recurring and is compelled to perform the same tasks again and again. Continue reading “OCD Full Form”
Global Positioning System, the full form of GPS, is a global navigation satellite system that provides geolocation and time information to measure and computes its position on the earth.
GPS is also referred to as NAVSTAR GPS (Navigation System with Time and Ranging).
IAS is one of the premier administrative civil services of Government of India. The IAS officers hold key strategic positions in the Union government and public sector undertaking.
IAS Full Form
This article highlights the full form of IAS, requirements to become an IAS officer, their roles, functions, salary, packages, etc. Continue reading “IAS Full Form”