Explore topic-wise fullforms in Industrial

Kgf Description:
KGF is a famous acronym, having many famous full forms, Here we are going to discuss two main full forms of KGF. One full form of KGF is related to the mining sector while the other KGF full form is related to measurement units –
KGF defines Kolar Gold Fields that is a gold mining area at the Bangarpet taluk in Kolar District of Indian state Karnataka.
Kolar Gold Fields is considered one of the major gold mines in India but it closed in 2001 because it has excessive production costs in comparison to its lower gold production.
The place where the KGF mining area is located is also a famous central plot of the Kannada blockbuster movie KGF: chapter 1.
The Kolar Gold Field was referred to as “Little England” by the British population due to its pleasing atmosphere and quiet weather as well as its mesmerizing landscape and beauty.
KGF was a famous site for gold in the past and the second most profound gold mines in the world.
At present, there are British Bungalows and well-structured streets at the place of KGF. In 1885 a golf course was formed for British employees of the gold mines. This golf course is also registered under the Indian Golf Union.
Gold has been mined in the KGF area for more than 2000 years.
John Taylor and Sons was a firm that established gold mines in the Kolar Gold Field area and the company run these mines until 1956.
Later on, the government of Mysore took over the KGF mines and hired this company, John Taylor & Sons, as a mining consultant.
KGF was once filled up with more than 30000 mineworkers and their families.
The gold mined from the KGF area was shipped to England that made British shareholders insanely wealthy.
The British established world-class medical facilities that were free for all mine workers including their families.
The years from 1861-1901

Msme Description:
MSME full form or meaning is Micro, Small and Medium Enterprises.
MSME is a popular acronym in the business sector. The full form of MSME is the Ministry of Micro, Small and Medium Enterprises. This definition of MSME is given according to the Micro, Small, and Medium Enterprises Development (MSMED) Act, 2006.
It is an initiative by the Indian Government. This government body MSME is responsible to administrate and formulate the rules, laws, and regulations regarding Micro, Small, and Medium Businesses.
According to the MSMED Act, 2006 there are two types of enterprises such as –
To be eligible as an MSME applicant an enterprise or business needs to have a specific qualification. The MSME ministry of India defines an enterprise as MSME based on their Investment.
For manufacturing enterprises, their plant and machinery investment limits them to be MSME and for service enterprises, their equipment investment is considered.
Here are the criteria for enterprises to register as MSME –

Here are the common benefits an enterprise get while registering under the ministry of MSME –
According to an estimate for the financial year 2020, there are over 60 million MSME in India.
As specific, there are 63.05 million micros, 0.33 million small, and more than 5000 medium enterprises registered. Most MSME enterprises are from rural areas than the developed or urban parts of the country.
The highest number of MSME’s business that contains 14.20 per cent of total MSMEs in the country is from Uttar Pradesh state.
Even though the Government provides a lot of opportunities and benefits to the enterprises registered under the MSME scheme these enterprises have to face many challenges. Here are the few problems that an MSME often face –
India is a middle-class based country. Its economy stands in the middle-class industry. That is why there are more small and medium-sized businesses in India rather than big companies.
These MSMEs not only generate employment in the small areas but also acts as the backbone for the Indian industrialized section. Difference between MSME and SME?
SME stands for Small and Medium Enterprises. It is a global term where MSME is a specific term that

Sme Description:
SME full form or meaning is Small and Medium Enterprises.

Ntpc Description:
NTPC is a famous Acronym and having two main full forms of NTPC – one NTPC full form is related to the thermal power generation company and another full form of NTPC is related to an examination.
The full form of NTPC in thermal power is the National thermal power corporation which is a public sector corporation of India.
The National thermal power corporation has incorporated since 1975 and is working day in and day out to energize India’s power growth.
The national thermal power corporation has become the largest thermal power generating company in India in manners of installed capacity of thermal power and outputs.
The national thermal power corporation has also been involved in coal mining, renewable energy, power trading, power distribution and equipment manufacturing besides its base operations of power generation.
The headquarter of the national thermal power corporation is in New Delhi and other regional headquarters are Lucknow, Secunderabad, Patna, Bhubaneshwar, Raipur, Mumbai etc.
The government of India is the owner of the National thermal power corporation limited and the parent of NTPC is the Ministry of power and the Government of India.
The national thermal popular corporation formulated a long term corporate plan to become a 130 GW company till the year 2032.
The full form of NTPC in the examination is Non-technical popular categories which are also called RRB NTPC or the Railway Recruitment Board Non-Technical popular categories.
The non-technical popular category is an examination conducted by the railway board of India. This RRB NTPC examination is conducted every year that consists of a number of posts under it. The RRB NTPC is conducted by the RRB to select different undergraduate and graduate candidates to appoint in Railway of India.
These posts of Railway by RRB includes – Clerks, Assistant and Typist, Guard, apprentice and various other a total of 35208 vacancies.
RRB is the organizing body for the NTPC Examination in India.
The eligibility for

Hr Description:
HR full form or meaning is Human Resource.
HR Is a job title and a popular acronym. The definition of HR is Human Resource or Human Resources.
Simply as the name suggest Human Resource is the synonym of Human capital and the term is used to define the manpower or labour workforce in an organization or workplace.
In any organization, there is a term called “Hour” that defines the Human resource department which is responsible to deal with employees individually and for shaping the company policies.
in simple words, People working in any company or organization are very large capital of the company, and a department that manages all the people working in the company is called Human Resource Department
Work of HR
In a company or organization, HR is a separate department operated by the HR officers to deal with labour problems and maintain professional discipline.
HR is responsible for appointing, managing and growth of the manpower or human capital in the organization that improves its productivity.
The HR officers such as administrators, managers and generalists have different types of work responsibilities that depend on the size of their organization.
To get a job in the Human resource department one needs to have a bachelor’s degree. While the post-graduation degree is also better. The degree should be in Human resource or business studies such as MBA.
However, a degree in related subjects and learning areas are also considerable. Preferable subjects for a Human resource professional are sociology, psychology or labour law learning, labour employer relationship etc.
A Human resource officer is responsible for these sectors –
HR is also called personal officers in banks. These personal officers have various job roles and responsibilities in banks.
These bank officers maintain the training and development of employees. They recruit officers, analyse their performances and manage their database of records.
There are 7 main functions of Human Resource Sector in a company
Human resource department in a company is necessary and one of the most important. It maintains the company culture and also the labour capital which is the most important asset for a company.
It creates a well-known workplace communication between the employees and head officers. Here the HR officers play a key role in the workplace. They develop, reinforce and change the culture of the company.
These

Inc Description:
The full form of INC is Incorporate or Incorporated which indicates a type of business or company.
Here the word incorporated describes that a business or company is a corporation. INC term and its full form incorporated stands that a company’s business structure is a legal corporation type.
An incorporated company or corporation is an entirely separate entity from its owners and shareholders.
It is a kind of distinction of companies that are based on the structure of the company and type of business where incorporated is one of these types.
The incorporation is a legal important distinction because incorporated business turns into a separate structure under the law due to this distinction.
A corporation or incorporated company affords the owners limited liability and if in any case, the owner dies the corporation as its own entity lives on so the incorporated company or corporation doesn’t depend on the owner as it acts as an individual entity.
The full form of INC is Indian National Congress in politics, which is the oldest political party in India.
The Indian National Congress Party is also known by the name of the Congress Party, and this political party played an important role in the fight for independence from the British.
After independence, the Congress party has ruled India for almost 7o years and Jawaharlal Nehru, Lal Bahadur Shastri, Indira Gandhi, Rajiv Gandhi and Dr Manmohan Singh are some of the prominent names who became the Prime Minister from this party.
INC- Indian National Congress
INC- Internet Controller
NRC Full Form
ISRO Full Form

Gp Description:
The full form of GP is General partner or General Partnership.
The general partner is a partner or member in a partnership who also has unlimited liability. This general partner is also liable for their portion of all the debts of the partnership.
The general partner is also called a member of the managing team or managing member and one of the members who are actively responsible for the partnership of management.
However, it’s not important to have just one general partner as there can be more than one general partner in any partnership.
All the members in a general partnership is a general partner. It indicates that all of these partners have unlimited liability for the activities of the partnership.
Because of this, a customer of that business can not only sue the partnership business but also to all the general partners for their personal assets. In this case, the general partners can lose all of their business assets as well as their business.
So a general partner holds the authority to take actions on behalf of the business even without any permission of other partners. The general partner or GP also shares the responsibilities and expenses of business operations as well as GP holds shares in the profit of the business.

The work of a general partnership is arranged with two or more general partners. These general partners are professionals in different entities. These general partners or professionals bring skills and specialized knowledge to the partnership and they contribute to its pool of contacts as well as clients.
The biggest disadvantage of being a general partner in a general partnership is that if one general partner is found to be guilty or being sued then all the other general partners are also held responsible in that case. So all the general partners can be sued and they have to share the financial responsibility also.
For instance, if in a medical general practice which is a general partnership a client

Gail Description:
Gas Authority of India Limited

Itc Description:
ITC is a popular acronym that has two full forms, one is related to a famous company and another is related to the economy. Let’s look at both –
let’s talk about the ITC full form as a company-
ITC refers to Imperial Tobacco Company of India Ltd. Which is its former name now it is changed to Indian Tobacco Company since the company transfer into the Indian environment. ITC was established on August 24, 1910.
About ITC and History
ITC was formerly known as Imperial Tobacco Company of India Limited. As it started progressing it was renamed Indian Tobacco Company in 1970.
This multinational conglomerate company is known as I.T.C limited since 1974. It has headquartered in Kolkata, West Bengal.
It is a diversified conglomerate which produces products for the various consumer such as consumer goods, apparel, cigarettes, personal care, etc.
ITC began its manufacturing business in 1979 through paperboards, packaging, and printing.
I.T.C. is one of the leading and foremost private conglomerates, that have a business in different sectors that include Fast-moving consumer goods, Agri-culture business, Cigarettes and Cigars, Information Technology, Hotels, Stationery Products, Branded Apparels, Personal care, Incense Sticks and Safety Matches, Paperboards and Packaging, etc.
ITC has famous personal care brands like – Fiama Di Wills, Vivel, Savlon Soap and Handwash, Essenza Di Wills, Superia and Engage, etc.
ITC owns a broad range of famous and popular brands. Some of the most trusted and well-known brands of ITC are – Gold Flake, Players, Insignia, India Kings, Bristol, Flake, Silk Cut, American Club, Navy Cut, Scissors, Capstan, Berkeley, Classic, Duke and Royal, Ashirvaad, etc.
Is ITC an Indian company?
ITC was established as a British-owned company but through the years it progressed and now is recognized as an Indian multinational company.
No, TATA is not the sole owner of ITC. The largest shareholder in ITC is British American Tobacco plc which owns 29.4% shares in ITC.
Now let’s look at the other full form of ITC which is associated with the economy.
ITC refers to the International Trade Centre. It is a polygonal organization having a mutual mandate with the World Trade Organization (WTO) and the United Nations (UN).
This mandate came in form after the United Nations Conference on Trade and Development (UNCTAD).
ITC promotes the idea of international trade to flourish the world economy

Bpo Description:
BPO full form or meaning is Business Process Outsourcing.
Business process outsourcing refers to awarding a particular task or part of a business to a third-party service provider on contract.
BPO ie Business Process Outsourcing proves to be very helpful in running and leading any business properly.
Because by using this service, a businessman can give full attention to the basic work of his business and can give the other less important part of the business to a third party on a contract basis, which makes his work very easy.


Let us assume, for example, that there is a software company whose job is to build, maintain and sell software.
This company has a total of 500 employees, and now it needs a call centre to provide technical support to its customers where 50 people can solve the problem of customers on the phone. For this, the company has two options, either create its own space, and hire people to get them to work as call centres, or outsource their call centre work to a call centre expert company on a contract basis.
Here you can see that the expenses of building the office of that software company, the cost of hiring employees and training them, everything is saved, and some agency starts their call centre work with very little money.
Business process outsourcing can save both time and money for any company.
Many people consider BPO to be a call centre, whereas it is not Many services can come under BPO, many of which are also technical.
Today, many multinational companies from all over the world outsource their many services.
BPO companies in India get a large share of outsourcing.
There are many BPO companies in India and due to the very low value of the rupee against the dollar, foreign companies find it very cheap to outsource their business in India.
And it is also a good opportunity for BPO companies in India because many youngsters in India are looking for a job

Fssai Description:
The meaning or full form of the acronym FSSAI is the Food Safety and Standards Authority of India which is related to a regulatory body in India. The Food Safety and Standards Authority works as a statutory body.
This statuary body Food Safety and Standards Authority is mainly formed under the Ministry of Health and Family Welfare of the Government of India.
The Food Safety and Standards Authority is a government body for food safety in India as the name suggests. This statuary body for food safety was established in action to the food safety and standards act, 2006.
Former union minister Dr Anbumani Ramadoss from the Government of India established Food Safety and Standards Authority. The government of India formed it on 5 August 2011. Food Safety and Standards Authority includes one chairperson along with 22 members of the authority.
The main operation of the Food Safety and Standards Authority was to set standards for food. This was so there should be one organization which can deal with and there should not be confusion for consumers, traders, investors, and manufacturers.
FSSAI- Food Security and Standards Authority of India
FSSAI- Food Standards and Safety Authority of India
FCI Full Form
FBI Full Form