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CACP Full Form

CACP -  Commission for Agricultural Costs and Prices The Commission for Agricultural Costs & Prices (CACP) is an attached office of the Ministry of Agriculture and Farmers Welfare, Government of India. It came into existence in January 1965. Currently, the Commission comprises a Chairman, Member Secretary, one Member (Official) and two Members (Non-Official). The non-official members are representatives of the farming community and usually have an active association with the farming community.

SMPS Full Form


SMPS - Switched-Mode Power Supply 

SMPS stands for Switched-Mode Power Supply. It is an electronic power supply that uses a switching regulator to convert electrical power efficiently. It is also known as Switching Mode Power Supply. It is power supply unit (PSU) generally used in computers to convert the voltage into the computer acceptable range.

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DBT

DBT - Direct Benefit Transfer Direct Benefit Transfer or DBT is an attempt to change the mechanism of transferring subsidies launched by Government of India on 1 January 2013. This program aims to transfer subsidies directly to the people through their bank accounts.

CIBIL Full Form

CIBIL - Credit Information Bureau (India) Limited CIBIL (Credit Information Bureau (India) Limited) is a Credit Bureau or Credit Information Company. This company is engaged in maintaining the records of all the credit-related activities of companies as well as individuals including credit cards and loans.

LIC Full form

LIC - Life Insurance Corporation Life Insurance Corporation of India (abbreviated as LIC) is an Indian state-owned insurance group and investment corporation owned by the Government of India. The Life insurance Corporation of India was founded on September 1, 1956 , when the Parliament of India passed the Life Insurance of India Act that nationalized the insurance industry in India. Over 245 insurance companies and provident societies were merged to create the state-owned Life Insurance Corporation of India. Headquarters : Mumbai Chairperson : M R Kumar Founder : Government of India Founded : 1 September 1956 Total assets : 31.12 lakh crores INR (US$440 billion, 2019) Subsidiaries : LIC Housing Finance , IDBI Bank , MORE

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