UPI means Unified Payment Interface. UPI is the online payment method that belongs to India, and it came into existence in April 2016. UPI provides quick and real-time transactions to its users. UPI offers to transfer funds through the bank…
The full form of DOS is Disk Operating System. It is an operating system first used by the IBM-Compatible computers. The operating system controls the hardware and peripheral devices, and the specific operating system that operates the disk is the…
The full form of UPS is Uninterruptible Power Supply (UPS). It is equipment that helps retain power at power failures. Sudden power failure can lead to switching off devices like computers and network equipment. The sudden power-off may lead to…
KYC means Know Your Customer, and KYC is marked as a standard in the investment industry to establish a long-lasting relationship with clients. KYC includes the clients’ details, financial position, and tolerance to any financial risk, and KYC ensures that the financial…
PDS stands for Product Disclosure Statement. PDS is the document that contains all the details related to a financial product. PDS is introduced to clarify the financial product such as insurance to the potential buyer. PDS helps the client to…
In an organization, CRM is referred to as Customer Relationship Manager. CRMs are professional communicators that establish good and long-lasting relationships with the top customers or clients of the organization. CRM’s key priority is to gain the trust of new…
TDS stands for Tax Deducted at Source. TDS means an amount of money that the employer of an assessee deducts as tax. The employer further deposits this tax amount on behalf of the assessee to the Income Tax Department. The amount is…
The Full form of HSBC is Hongkong and Shanghai Banking Corporation. It is one of the International banks that found its roots in 1853 in India. Initially, HSBC established the Mercantile Bank in Mumbai to cater to the merchants’ needs…
The full form of GPS is Global Positioning System. The global positioning system uses various satellites for navigation and helps users position, timing, and location. It uses the ground station and satellite control station to provide accurate information in all…
The full form of NDA is Non-Disclosure Agreement. It is an agreement signed between two parties wherein one party wants the other party to keep the information confidential. It is a secret agreement, and parties are legally bound to follow…