RBI Security Guard flashcards

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

RBI establishment date

The Reserve Bank of India began operations on 1 April 1935 under the RBI Act, 1934, following the Hilton Young Commission recommendation, and was nationalised on 1 January 1949.

Repo rate

The interest rate at which the RBI lends short-term funds to commercial banks against government securities; raising it is a tool to control inflation.

CRR

Cash Reserve Ratio: the share of a bank's net demand and time liabilities that must be held as cash with the RBI, earning no interest.

SLR

Statutory Liquidity Ratio: the portion of net demand and time liabilities a bank must keep in liquid assets such as cash, gold or approved government securities.

MPC inflation target

India's flexible inflation targeting framework sets a CPI inflation target of 4 percent, with a tolerance band of 2 percent to 6 percent.

First bank nationalisation

In 1969 the Government of India nationalised 14 major commercial banks; a second round in 1980 nationalised six more banks.

RBI first Governor

Sir Osborne Smith was the first Governor of the Reserve Bank of India, and C. D. Deshmukh became the first Indian Governor.

SEBI role

The Securities and Exchange Board of India, set up in 1988 and made statutory in 1992, regulates and develops the Indian securities market and protects investors.

Reverse alphabet positions

If a letter has forward position n, its reverse position is 27 minus n; for example A is 1 forward and 26 in reverse.

Syllogism Venn rule

A conclusion follows only if it is true in every possible Venn diagram of the premises; a possibility statement is valid if some diagram supports it.

Ranking total formula

When a person is nth from the left and mth from the right in a row, the total number of people is n plus m minus one.

Circular seating direction

When people face the centre, a person's left is clockwise; when they face outward, their left is anticlockwise.

Blood relation notation

Use a tree: vertical lines join generations, horizontal lines join siblings or spouses. Mark gender explicitly rather than guessing from names.

Direction shortest distance

After tracking horizontal and vertical displacement, the shortest path between start and end is the square root of x squared plus y squared.

Coding letter shift

In many coding questions each letter moves by a fixed number of places; test plus n and minus n shifts before assuming complex rules.

Odd one out strategy

Check the most common property first: number of letters, vowel count, alphabetical position sum, or a shared prefix or suffix pattern.

Successive percentage change

Two successive changes of a percent and b percent produce a net change of a plus b plus ab divided by 100 percent.

Simple interest formula

Simple interest equals principal multiplied by rate multiplied by time, then divided by 100; the principal stays constant each year.

Compound interest amount

The amount after T years is principal multiplied by (1 plus rate over 100) raised to the power T; interest is amount minus principal.

Profit percent formula

Profit percent equals profit divided by cost price multiplied by 100; discount percent is always calculated on the marked price.

km/h to m/s

To convert kilometres per hour to metres per second, multiply by 5 divided by 18; reverse it by multiplying by 18 divided by 5.

Boats and streams

Downstream speed is boat plus stream, upstream is boat minus stream; boat speed is half the sum, stream speed half the difference.

Time and work pair

If A alone takes x days and B alone takes y days, together they finish the work in xy divided by (x plus y) days.

Average change rule

If every value in a set increases by the same amount, the average rises by that amount; total equals average multiplied by count.

Circle mensuration

Area of a circle is pi times radius squared and circumference is 2 times pi times radius, with pi approximately 22 divided by 7.

Subject-verb with or

With either-or and neither-nor, the verb agrees with the subject nearer to it; 'one of the' takes a plural noun and a singular verb.

Article a versus an

Use 'a' before consonant sounds and 'an' before vowel sounds, judged by pronunciation: an hour, a university, an umbrella.

Present perfect use

Has or have plus the past participle describes a past action linked to the present, often with since, for, already, just or yet.

Past perfect use

Had plus the past participle marks the earlier of two past actions, as in 'the train had left before we reached'.

Prepositions of time

Use 'in' for months, years and seasons, 'on' for days and dates, and 'at' for exact clock times and night.

Passive voice formation

Make the object the subject, use a form of be with the past participle, and keep the original tense; the doer follows 'by'.

Uncountable nouns list

Words such as furniture, information, advice, luggage and equipment take singular verbs and no plural -s; use much rather than many.