“Smarts”

The word `smarts’ is used in informal contexts to mean `intelligence’ or `expertise.”
Examples: “Can I say, I’ve have the smarts to do the job?” * “Ram is going to start his own business! Does he have the smarts to do that?” * If I were you, I would talk to Bala. He has the smarts to figure out what to do next.”

Source: ‘Know Your English’ ( The Hindu) – June 11, 2007