Steam Boilers, Engines, Nozzles and Turbines
Clearance ratio is the ratio of

Clearance volume to the volume at cut-off
Volume at cut-off to the swept volume
Swept volume to the clearance volume
Clearance volume to the swept volume

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Steam Boilers, Engines, Nozzles and Turbines
The function of a flywheel is

To convert rotary motion of the crankshaft into to and fro motion of the valve rod
To convert reciprocating motion of the piston into rotary motion
To prevent fluctuation of speed
To keep the engine speed uniform at all load conditions

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