J&K Bank Banking Associate flashcards

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

Complementary pair in syllogism

A pair of conclusions where one must be true if the other is false, such as 'Some A are B' and 'No A is B'.

Linear row position formula

For n persons in a straight row, a person’s position from the left plus position from the right equals n plus one.

Blood relation: maternal uncle

The brother of a person’s mother is the maternal uncle; the brother of the father is the paternal uncle.

Direction after 90° turn

Facing north, a 90-degree clockwise turn faces east; facing north, a 90-degree anticlockwise turn faces west.

Reverse alphabet position

The reverse position of a letter equals 27 minus its forward position, so A is 26 and Z is 1.

Either-or inequality condition

Either-or applies when two conclusions have the same subject and predicate and form a complementary pair, such as A ≥ B and A < B.

Calendar odd day shift

An ordinary year shifts the weekday by one odd day, while a leap year shifts it by two odd days.

Successive percentage change

Two successive changes of a percent and b percent equal a plus b plus ab divided by 100, as a single percentage change.

Compound interest formula

Compound interest equals P times the quantity one plus R divided by 100 raised to T, minus P.

CI minus SI two years

For two years, the difference between compound interest and simple interest equals P times the square of R divided by 100.

Train crossing platform time

Time taken by a train to cross a platform equals train length plus platform length, divided by the train’s speed.

Boat speed formula

Boat speed in still water equals downstream speed plus upstream speed divided by two; stream speed equals downstream minus upstream divided by two.

Work together formula

If A alone takes x days and B alone takes y days, together they take xy divided by x plus y days.

Average replacement change

When one value in a set of n values is replaced, the average changes by the new value minus the old value, divided by n.

One of singular verb

The structure 'one of + plural noun' takes a singular verb because the subject is 'one', not the plural noun.

Since versus for

Use 'since' with a specific starting point in time and 'for' with a length of time, as in since 2020 and for three years.

Between versus among

'Between' is used for two persons or things, while 'among' is used for more than two.

Present perfect use

Present perfect uses has or have plus the past participle and links a past action to the present; it commonly pairs with since and for.

Conditional type 2

A second conditional uses if plus the past simple in the condition and would plus the base verb in the result.

Fewer versus less

Use 'fewer' with plural countable nouns and 'less' with uncountable nouns; comparisons use 'than' rather than 'then'.

RBI establishment date

The Reserve Bank of India was established on 1 April 1935 under the RBI Act, 1934, and was nationalised on 1 January 1949.

J&K Bank founding

Jammu and Kashmir Bank was established on 1 October 1938 by Maharaja Hari Singh and is headquartered in Srinagar.

DICGC deposit cover

The DICGC insures deposits up to five lakh rupees per depositor per bank, covering both principal and interest.

Repo rate meaning

The repo rate is the rate at which the Reserve Bank of India lends short-term funds to commercial banks against government securities.

J&K UT formation date

Jammu and Kashmir became a Union Territory on 31 October 2019, with Srinagar as summer capital and Jammu as winter capital.

Priority sector agriculture target

Commercial banks must lend 18 percent of adjusted net bank credit to agriculture under the priority sector, whose overall target is 40 percent.

CPU components

The central processing unit contains the arithmetic logic unit, control unit and registers; it executes instructions and coordinates computer operations.

Byte and bit

One byte equals eight bits; one kilobyte equals 1024 bytes, one megabyte equals 1024 kilobytes, and one gigabyte equals 1024 megabytes.

DNS function

The Domain Name System translates human-readable domain names into IP addresses so browsers can locate web servers.

RTGS minimum amount

RTGS is a real-time gross settlement system for high-value transfers, with a minimum transaction amount of two lakh rupees.

UPI virtual payment address

UPI uses a virtual payment address to transfer money instantly between bank accounts; the National Payments Corporation of India operates UPI.

Two-factor authentication

Two-factor authentication requires two different verification factors, such as a password plus a one-time password sent to a registered mobile number.