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MA: Master of Arts MAT: Minimum Alternate Tax MBA: Master of Business Administration MBBS: Bachelor of Medicine and Bachelor of Surgery MBT: Main Battle Tank MCC: Marylebone Cricket Club (of England) ' MD: Doctor of Medicine; Managing Director MFN: Most Favoured Nation MICR: Magnetic Ink Character Recognition (in Cheques) MLA: Member of Legislative Assembly MLC: Member of Legislative Council MMTC: Minerals and Metals Trading Corporation MNCs: Multi-National Corporations MO: Money Order MODVAT: Modified Value Added Tax MOU: Memorandum of Understanding MP: Member of Parliament; Military Police MRTPC: Monopolies and Restrictive Trade Practices Commission MTNL: Mahanagar Telephone Nigam Limited MWS: Million Wells Scheme
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