Reliability Block Diagram (or a Dependence Diagram) represents a system with its sub-systems and/or components in blocks (either in series or parallel) to evaluate how the reliability of each block affects the overall system performance. Blocks in parallel indicate redundancy while blocks in series indicate no redundancy. Failure of a block in parallel might have little or no impact on overall system performance while failure of a block in series might lead to complete system failure.
An application-oriented question on the topic along with responses can be seen below. The best answer was provided by P Balakumaaran and Manish Manjhi.
Applause for all the respondents - P Balakumaaran, Anshul Vaidya, Manish Manjhi, Dharanesh Mysore.
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