IF you start RBI Grade B preparation in December, you are expected to have atleast 6 months till may 2018. Anything above that would be a bonus.

This answer covers next 3 months. I am not covering complete 6 months because it is always better to plan for near future and not the entire run of study.

The strategy of study should be to cover phase 2 right now in the next 2 months and then to move towards phase 1 for the next 1 month.

SEPTEMBER- DECEMBER:

  • ECONOMIC AND SOCIAL ISSUES for RBI Grade B Phase 2- I am assuming that you have very limited knowledge on ESI and you will be starting from scratch. the following books need to be covered in order to get a good grip on ESI for RBI Grade B phase 2.​ These books help for the preparation of RBI Grade B exam.

UMA KAPILA- performance and policies / MISHRA AND PURI- the book covers entire history of Indian economy after independence. it will not just be helpful in RBI Grade B phase 2 but also in the Interview. The structure of the book is a little problematic. I have created videos as well as study material for Indian economic history based on Uma Kapila itself for a better preparation of RBI Grade B exam, but following a different and more refined structure. I follow the method of “TIMELINE” in everything that i study and teach. This means that I try to create a visual chart according to time period so that it becomes easier to grasp and remember whatever you study. for example, divide 1947–2016 into 3 time periods- 1947–1970; 1971–1991 and 1991-present.

  • MACROECONOMICS- Macroeconomics can be covered very well from 12th NCERT on macroeconomics and RAMESH SINGH. Cover basics properly so that you are able to understand policy changes of RBI to a better extent.

  • NCERT ON INDIAN ECONOMY- this NCERT will supplement UMA KAPILA. you can go through this book before starting with UMA KAPILA as this will clear out a lot of things about history of Indian economy.

  • YOJANA AND KURUKSHETRA- These magazines cover schemes and policies of indian government in detail. try not to get too much into these magazines as they tend to over-analyze (for standards of RBI). understand all schemes and current affairs and remember facts related to these schemes. spending too much time on these magazines might hurt you instead.

  • RBI WEBSITE- useful in both Finance and ESI. you can use speeches, circulars and notifications.

  • FINANCE and MANAGEMENT for RBI Grade B Phase 2- the following books will cover majority of finance and management.

    • BHARATI V PATHAK- indian financial system OR MY KHAN- Indian financial system

    • R P RUSTAGI/ PRASANNA CHANDRA- financial management OR PANDEY- financial management. I M PANDEY is more detailed but confusing at the same time. R P RUSTAGI is more clear in his approach.

    • T S GREWAL- accounting ratios

    • S P ROBBINS, T N CHHABRA, GUPTA- organization behavior and theory. any one book will suffice. T N CHHABRA is considered the best as it covers everything but it is technical so you might find it difficult to understand.

    • ASWATHAPPA, T N CHHABRA, GUPTA- Human Resource Management. any one book will suffice but T N CHHABRA and GUPTA cover everything related to HRM while ASWATHAPPA is much more easy to understand and comprehend.

    • RBI WEBSITE- same as above

FEBRUARY-

AFTER completing ESI and FM in 2 months, you can spend the next one month on RBI PHASE 1. the purpose is to be able to cover majority of syllabus by february so that you can move towards revising the syllabus again and making every concept stronger and clearer.

For RBI PHASE 1, the focus has to be on covering regularly asked areas from reasoning and QA. GA is easy to cover through online capsules available on multiple websites. English is also very easy, given that you are atleast average in english. you can cover all 3 areas through CAT material.

there might be some problems in QA and Reasoning as the level often gets higher than even CAT exam. For that, I am preparing shortcuts and alternative methods of solving different set of questions.

MARCH ONWARDS-

This is the time to revise everything and add more knowledge to your base. Remember, reading the same thing 3 times is better than reading it once. therefore, the focus should be on revising whatever you have read. try to complete the syllabus by february and then polish your study in the next 3 months.

The revision strategy will be discussed after we have completed the syllabus once.

ENGLISH For RBI Grade B Phase 2- this is intact the most important but the most neglected portion of the examination. In phase 2, students have scored as high as 86 in English. therefore, it is important to write and practice english tests regularly. We have started ENGLISH DESCRIPTIVE TESTS and they will continue till the exam is conducted.

You can also refer to RBI Grade B exam Question papers below:

3. Questions asked in PHASE 2 RBI GRADE B 2016

You can also refer to Free videos and study material for RBI Grade B phase 1 & 2 below: