Abbreviations can be quite confusing, especially if they are not commonly used. Often you must have heard somebody say that the government has launched MUDRA Yojana or he/she is going to appear for exams like CAT, GMAT, ILETS etc and got confused as to what it really means. Words like NABARD, FICCI, UIDAI often make us ponder as to what are they, what are they related to. These are in fact abbreviations, shortened forms of words or phrases. There are several abbreviated terms which we hear and use but many a time we are not aware of the correct expanded versions. So, if you are preparing for some competitive exam like SSC, Banking or are using abbreviated sentences, terms or phrases related to government bodies and programmes read on to know the full forms.