What is the full form of "PF"?
A. Pravident Fund
B. Profit Formula
C. Provident Fund
D. Proved Financial Terms
Answer: Option C
Solution(By Examveda Team)
A provident fund? is an investment fund that is jointly established by the employer and employee to serve as a long term savings to support an employee upon retirement. It also represents job welfare benefits offered to the employee.Related Questions on Banking Abbreviations
What is the full form of "UTI"?
A. Unit Trust of India
B. United Tax Information
C. Uniform Tax for India
D. Undivided Individual Tax
What is the full form of "UCB"?
A. Union Cooperative Bank
B. Urban Cooperative Bank
C. United Corporation Bank
D. Unique Conveying Basis Points
What is the full form of "UBD"?
A. Undivided Banking Deposit
B. Unified Banking Deviations
C. Urban Banks Department
D. Urban Business Development
What is the full form of "SCB"?
A. Simple Cash Binding
B. Statistical Business Consortium
C. State Cooperative Bank
D. SMB Cooperative Bank
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