IBPS RRB CA Officer Scale II flashcards

32 cards. Read the term and the definition here. The deck at the top of this page is optional.

CRR definition

Cash Reserve Ratio is the share of net demand and time liabilities that a scheduled commercial bank must hold as cash with the Reserve Bank of India, earning no interest.

SLR definition

Statutory Liquidity Ratio is the minimum share of net demand and time liabilities a bank must hold in approved liquid assets such as cash, gold or government securities.

Base Rate

Base Rate is the minimum rate below which a bank cannot lend, except to specified exempt categories; it was introduced in 2010 to improve transparency in loan pricing.

MCLR meaning

Marginal Cost of Funds based Lending Rate is the internal benchmark computed from marginal cost of funds, negative carry on CRR, operating cost and tenor premium for floating-rate loans.

NPA 90-day rule

A loan asset becomes a non-performing asset when interest or principal remains overdue for more than 90 days, after which provisioning and income recognition norms apply.

Capital conservation buffer

Under Basel III, banks must hold a capital conservation buffer of 2.5% of risk-weighted assets above the minimum capital adequacy ratio, in the form of common equity.

Expected credit loss model

Ind AS 109 requires banks to recognise impairment based on expected credit losses, using 12-month ECL in Stage 1 and lifetime ECL in Stages 2 and 3.

Section 138 NI Act

This provision makes dishonour of a cheque for insufficiency of funds an offence, requiring a written demand notice within 30 days of intimation of dishonour.

SARFAESI Act 2002

This Act allows secured creditors to enforce security interest without court or tribunal intervention after a loan is classified as a non-performing asset.

Priority sector target

Domestic scheduled commercial banks must lend 40% of adjusted net bank credit to priority sectors, including agriculture, MSME, education, housing and weaker sections.

Syllogism conversion rules

Universal affirmative converts to particular affirmative, universal negative converts to universal negative, and particular affirmative converts to particular affirmative; particular negative does not convert.

Circular seating facing centre

When all people face the centre of a circle, a person's immediate left lies clockwise and immediate right lies anticlockwise; reverse this when they face outward.

Blood relation notation

Use vertical lines for parent-child links, horizontal lines for siblings and spouses, and separate horizontal levels for generations so gender and relationship direction stay unambiguous.

Either-or conclusion

In inequality questions, an either-or conclusion arises when two conclusions cannot both be true but together cover all possibilities, typically from complementary pairs like greater-than and less-than-or-equal.

Direction sense displacement

Net displacement after a series of turns equals the square root of the sum of squared net horizontal and net vertical movements, giving straight-line distance from start.

Input-output arrangement

These puzzles apply a fixed rearrangement rule to a line of words or numbers each step; identify the rule by comparing consecutive steps, then predict the required step.

Coding opposite letters

A common coding pattern maps each letter to its reverse alphabet position, where A pairs with Z and B with Y, giving position sum of 27 for each pair.

Compound interest two years

For two years, compound interest minus simple interest equals P times the square of the annual rate divided by 100, where P is the principal amount.

Successive discount formula

Two successive discounts of a percent and b percent equal a single discount of a + b minus ab divided by 100, always less than the arithmetic sum.

Work together formula

If A alone takes x days and B alone takes y days, working together they complete the job in xy divided by x plus y days, assuming constant rates.

Boat stream speeds

Boat speed in still water equals half the sum of downstream and upstream speeds; stream speed equals half the difference of downstream and upstream speeds.

Alligation rule

In mixtures, the ratio in which two components are mixed equals the inverse ratio of their deviations from the mean value of the resulting mixture.

Train crossing platform

When a train crosses a platform, total distance covered equals train length plus platform length, and time equals that distance divided by train speed.

Sphere volume formula

Volume of a sphere is four-thirds times pi times the cube of the radius; surface area is four times pi times the square of the radius.

Permutation formula nPr

Number of ordered arrangements of r items chosen from n distinct items equals n factorial divided by the factorial of n minus r.

Subject-verb agreement rule

A singular subject takes a singular verb; phrases like one of the, each of the and every take a singular verb even when followed by a plural noun.

Since versus for

Use since with a specific starting point in time, such as since 2019, and for with a duration, such as for three years, in perfect tenses.

Present perfect tense use

Present perfect, formed with has or have plus past participle, describes a past action with present relevance or an action continuing up to now.

Cloze test strategy

Read the full passage for overall meaning, then select options that fit grammar and context; eliminate choices by part of speech and collocation.

Reading comprehension inference

Inference answers must follow logically from statements in the passage; options requiring outside facts or overstating the author's claim are usually wrong.

समास की परिभाषा

समास दो या दो से अधिक शब्दों के मेल से बने संक्षिप्त पद को कहते हैं, जिसमें प्रमुख शब्द के आधार पर तत्पुरुष, द्वंद्व, बहुव्रीहि आदि भेद होते हैं।

मुहावरे का अर्थ

मुहावरा एक ऐसा वाक्यांश है जिसका अर्थ शब्दों के शाब्दिक अर्थ से भिन्न, लाक्षणिक होता है; प्रश्न में उसका प्रचलित अर्थ चुनना होता है।