Federal Bank Office Assistant key terms

A logical reasoning topic in which two or more statements are accepted as true and you decide whether a given conclusion must follow from them, regardless of real-world knowledge.

Questions that describe relationships among family members in words or symbols and ask how two people are related, or which person fits a stated relation; drawing a family tree helps.

A reasoning topic where letters, words or numbers are converted into a pattern-based code, and you must either apply the same rule to a new word or decode a given code.

Puzzles that place people in rows, circles or squares under given conditions about who sits next to, opposite or left of whom, testing the ability to fix positions logically.

Problems tracing a person's path through turns and distances in the four cardinal and four ordinal directions, asking for final direction, shortest distance or net displacement from the start.

A reasoning set showing a machine rearranging a series of numbers or words step by step by a fixed rule; you identify the rule and predict a later step or the final arrangement.

A way of expressing a number as a part of one hundred; used to compare quantities, compute discounts, marks, interest and growth, and to convert between fractions, decimals and rates.

Interest calculated only on the original principal for the whole period, using the formula principal × rate × time ÷ 100, with no interest earned on interest.

Interest calculated on the principal plus previously earned interest, so the amount grows each period; the formula is principal × (1 + rate/100)^time.

A ratio compares two quantities of the same kind by division, while a proportion states that two ratios are equal; both are used to share amounts and solve mixture and partnership problems.

The sum of a set of values divided by the number of values; used to find a missing value, a new average after change, or the combined average of two groups.

Commercial arithmetic where profit or loss equals selling price minus cost price, expressed as a percentage of cost price, with discount applied on the marked price.

Problems measuring how long people or machines take to finish a task, using the idea that work done per day is the reciprocal of the number of days needed.

A set of questions based on a table, bar chart, pie chart or line graph, where you read values and compute percentages, averages, ratios or differences from the given data.

A word that carries the same or a very close meaning as another word in a given context; synonym questions test vocabulary range and sensitivity to slight differences in tone.

A word with the opposite meaning to another word; antonym questions ask you to pick the option most nearly opposite in meaning to the word given.

A fixed expression whose meaning cannot be understood from its individual words, such as 'a piece of cake' meaning something very easy; tests often ask for its correct meaning.

A verb combined with a preposition or adverb that creates a new meaning, such as 'put off' meaning to postpone; questions test the correct particle or the meaning in context.

A passage with words or phrases removed, each shown as a blank with options; you choose the option that fits the grammar and meaning of the surrounding sentences.

A set of sentences given in scrambled order that must be rearranged into a coherent paragraph using connectors, pronouns, chronology and topic flow as clues.

A sentence divided into parts, one of which contains a grammatical or usage error; you identify the faulty part or state that no error exists.

The rate at which the Reserve Bank of India lends short-term funds to commercial banks against government securities; raising it usually makes borrowing costlier and helps control inflation.

The rate the Reserve Bank of India pays banks when they park surplus funds with it; it absorbs liquidity from the banking system and normally sits below the repo rate.

The share of a bank's net demand and time liabilities that must be kept as cash with the Reserve Bank of India, earning no interest; it is a tool for managing liquidity.

The minimum percentage of net demand and time liabilities a bank must hold in safe, liquid assets such as government securities, cash or gold, in addition to the cash reserve.

National Electronic Funds Transfer, an RBI-operated retail system that settles individual fund transfers in batches through banks, available around the clock and suited to small and medium payments.

Real Time Gross Settlement, a system for large-value fund transfers where each transaction is settled individually and immediately, with a minimum transfer limit set by the RBI.

Unified Payments Interface, a National Payments Corporation of India platform that lets users link bank accounts to a mobile app and transfer money instantly using a virtual payment address.

Know Your Customer, the mandatory process by which banks verify a customer's identity and address using documents before opening accounts or allowing specified transactions.

A Non-Performing Asset is a loan or advance on which principal or interest has remained overdue for more than ninety days; such assets reduce a bank's income and require provisioning.

The RBI rule requiring banks to give a fixed minimum share of their credit to sectors such as agriculture, micro and small enterprises, education, housing and weaker sections.

The central processing unit is the part of a computer that fetches, decodes and executes instructions; it is often called the brain of the computer and contains the arithmetic and control units.

Random Access Memory is the volatile working memory where a computer keeps programs and data currently in use; its contents are lost when power is switched off.

System software that manages hardware, memory, files and processes and provides a user interface, allowing application programs to run on the computer.

A unique numerical label assigned to each device on a network so data can be sent to the right destination; common formats are IPv4 and IPv6.

Hardware or software that monitors incoming and outgoing network traffic and blocks connections that violate set security rules, protecting a computer or network from unauthorized access.

Any software written to harm or exploit a computer, including viruses, worms, trojans, spyware and ransomware; antivirus programs and safe browsing habits help prevent infection.