An identity is an equation that holds for every value of its variables. SSC papers use a small set of them again and again, in two ways: to square or cube numbers near a round base quickly, and to find an expression such as a² + b² or a³ + b³ when only a + b and ab are given. In the second kind you never need to find a and b themselves.
Learn each identity in both directions. Read left to right, it expands a bracket; read right to left, it factorises an expression. Exam questions use the factorised direction more often than students expect, especially in fractions where a long numerator and denominator share a factor and cancel to something simple.
A good habit is to check every answer by substituting small numbers that fit the conditions. It takes a few seconds and catches sign errors, which are the most frequent slip with cube identities.