Pink noise is random noise that falls off 3dB/octave, which gives the perception of equal loudness across all frequencies, even though actual volume drops (energy remains constant). White noise has equal volume across all frequencies, but is perceived as bright.
RTA is a real-time analyzer. It gives a visual display of the frequency of a signal. Used with a reference mic (totally flat omni at all audible frequencies), it will show you the response of your monitors, or your room (after accounting for the response of the speaker), other mics, audio equipment, etc.