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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.

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.

MSP Full Form

MSP -  Minimum Support Price Based on the recommendations of the Commission for Agricultural Costs and Prices (CACP), the Department of Agriculture and Co-operation, Government of India, declares Minimum Support Price (MSP) for 22 crops before the sowing season. The idea behind MSP is to give guaranteed prices and assured market to the farmers and save them from the price fluctuations. It insulates farmers from the unwarranted fluctuation in prices caused by the variation in supply (largely influenced by the monsoon), lack of market integration, information asymmetry and other elements of market imperfection plaguing the agricultural markets. The guaranteed price and assured market are expected to encourage higher investment and in adoption of modern technologies in agricultural activities. Further, with globalization resulting in freer trade in agricultural commodities, it is very important to protect farmers from the unwarranted fluctuation in prices, provoked by the internation...

RIP Full Form

Rest in peace The phrase "rest in peace", from the Latin requiescat in pace, is sometimes used in traditional Christian services and prayers, such as in the Catholic, Lutheran, Anglican, and Methodist, denominations, to wish the soul of a decedent eternal rest and peace.

FHR Full Form

FHR - Fetal Heart Rate Your healthcare provider may do fetal heart monitoring during late pregnancy and labor. The average fetal heart rate is between 110 and 160 beats per minute. It can vary by 5 to 25 beats per minute. The fetal heart rate may change as your baby responds to conditions in your uterus.

FOR Full Form

FOR - Freight on Road FOR means Freight on Road . If we order something on F.O.R. basis, that good mentioned in the invoice will be transmitted from the supplier to the client without any transportation charges. Sometimes, it is also called Free on Road (Rail, Board or Ship).

FOMO Full Form

FOMO - Fear of Missing Out Fear of missing out is social anxiety stemmed from the belief that others might be having fun while the person experiencing the anxiety is not present. It is characterized by a desire to stay continually connected with what others are doing.

FYI Full Form

FYI - For Your Information FYI is a common abbreviation of "For Your Information". Among Internet Standards, FYIs are a subset of the Request for Comments (RFC) series. The FYI series of notes is designed to provide Internet users with a central repository of information about any topics which relate to the Internet.

Popular posts from this blog

What is the full form of ERNET

ERNET - Education and Research Network Education and Research Network (ERNET) is autonomous scientific society of Ministry of Electronics and Information Technology (Govt. of India). ERNET has made a significant contribution to the emergence of networking in the country. It practically brought the Internet to India and has built up national capabilities in the area of net-working, especially in protocol software engineering. It has not only succeeded in building a large network that provides various facilities to the intellectual segment of Indian society, the research and education community, it has over the years become a trendsetter in the field of networking.

GIIC

GIIC - Gujarat Industrial Investment Corporation GIIC was established in 1968 for catalyzing industrial development in state of Gujarat. GIIC opens access to the Power of Resource for every business enterprise. Through its thoughtfully designed services that address the wide-ranging needs of an organisation. Supporting its operation. Accelerating its pace of growth. GIIC - an able source of Resource.

PNB Full Form

PNB - Panjab National Bank Punjab National Bank (PNB) is a Banking and Financial service bank owned by the Government of India with its headquarters is in New Delhi, India. The bank was founded in 1894 and is the second-largest public sector bank (PSB) in India, both in terms of business and its network. The bank has over 180 million customers, 10,910 branches, and 13,000+ ATMs post-merger with United Bank of India and Oriental Bank of Commerce, effective from 1 April 2020.

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

What is the full form of EPFO

EPFO - Employee Provident Fund Organization The Employees' Provident Fund Organisation is an organization tasked to assist the Central Board of Trustees, Employees' Provident Fund a statutory body formed by the Employees' Provident Fund and Miscellaneous Provisions Act, 1952 and is under the administrative control of the Ministry of Labour and Employment, Government of India. EPFO assists the Central Board in administering a compulsory contributory Provident Fund Scheme, a Pension Scheme and an Insurance Scheme for the workforce engaged in the organized sector in India. It is also the nodal agency for implementing Bilateral Social Security Agreements with other countries on a reciprocal basis. The schemes cover Indian workers as well as International workers (for countries with which bilateral agreements have been signed. As of now 19 Social Security Agreements are operational). The EPFO's apex decision making body is the Centrald of Trustees (CBT).

NDP Full Form

NDP - Net Domestic Product The net domestic product (NDP) equals the gross domestic product (GDP) minus depreciation on a country's capital goods. {\displaystyle GDP-D=NDP} Net domestic product accounts for capital that has been consumed over the year in the form of housing, vehicle, or machinery deterioration. The depreciation accounted for is often referred to as "capital consumption allowance" and represents the amount of capital that would be needed to replace those depreciated assets. The portion of investment spending that is used to replace worn out and obsolete equipment — depreciation — while essential for maintaining the level of output, does not increase the economy’s capacities in any way. If GDP were to grow simply as a result of the fact that more money was being spent to maintain the capital stock because of increased depreciation, it would not mean that anyone had been made better off. Because of this, some economists view NDP as a better measure of socia...

NEFT Full Form

NEFT - National Electronic Fund Transfer National Electronic Funds Transfer (NEFT) is an Indian system of electronic transfer of money from one bank to another. It was introduced by Reserve Bank of India. It is an electronic fund transfer system that is based on Deferred Net Settlement (DNS) which settles transaction in batches.

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