What corresponds to a first degree (like a Bachelor's degree) in the Indian system is typically a Bachelor's degree (B.A., B.Sc., B.Com., B.Tech., etc.). The specific abbreviation depends on the field of study.
A second degree (like a Master's degree) would be a Master's degree (M.A., M.Sc., M.Com., M.Tech., etc.) in India. Again, the abbreviation varies based on the subject.
It's important to note that the numbering (I, II, etc.) isn't used in the same way in India's degree system. The progression is from Bachelor's to Master's and then potentially to doctoral (PhD) levels.