How to Prepare for RBI Grade B in First Attempt in 6 Months 

Almost every student preparing for RBI Grade B Examination has this doubt in his/her mind that how to prepare for RBI Grade B Exam or How to crack RBI Grade B. I have seen many strategies and tips on how to prepare for RBI Grade B Exam or How to crack RBI Grade B but the truth is they are all just copy-paste statements from one or the other source. In this article, you will find a complete yet feasible strategy on How to prepare for RBI Grade B. So, let’s get started and find out how to crack the RBI Grade B Exam. 

As the title says we are going to provide you the best strategy on how to crack RBI Grade B. So, to start your preparation from the ground level you should have at least 6 months in hand. If you start RBI Grade B Preparation now, you are expected to have at least 6 months till RBI Grade B Phase 1 Examination is held. Anything above that would be a bonus. This article will help you to know how to crack RBI Grade B in the first attempt. We will tell you how to prepare for RBI Grade B Phase 2 as well as Phase 1. 

So now we will talk about the next 6 months and how you should proceed on the path of “How to crack RBI Grade B in the first attempt”. The strategy is simple, first, we will go with the strategy on how to prepare for RBI Grade B Phase 2, then pick up RBI Grade B Phase 1 and at last, we take up the revision of the complete syllabus. So, let us see this strategy on how to prepare for RBI Grade B Phase 2 as well as Phase 1 in detail. 

First 3 months 

  • ECONOMIC AND SOCIAL ISSUES (ESI) – 

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 decent grip on RBI Grade B Phase 2 ESI Syllabus. These books help you in the RBI Grade B Exam Preparation. 

MISHRA AND PURI UMA KAPILA – The book covers the whole history of the Indian Economy after Independence. It won’t simply be useful in RBI Grade B Phase 2 yet additionally in the Interview. The structure of the book is somewhat risky. I have made recordings just as concentrate material for Indian Economic history dependent on Uma Kapila itself for a superior readiness of RBI Grade B Exam, however following an alternate and progressively refined structure. I pursue the technique for “Course of events” in everything that I study and instruct. This implies I attempt to make a visual graph as indicated by timespan with the goal that it gets simpler to get a handle on and recollect whatever you study. For instance, isolate 1947–2016 into 3 timespans 1947–1970; 1971–1991 and 1991-present. 

    • MACROECONOMICS-  

    Macroeconomics can be secured very well from 12th NCERT on macroeconomics and RAMESH SINGH. Spread fundamentals appropriately with the goal that you can comprehend strategy changes of RBI to a superior degree. 

    • NCERT ON INDIAN ECONOMY-  

    This NCERT will enhance UMA KAPILA. You can experience this book before beginning with UMA KAPILA as this will get out a great deal of things about the history of the Indian Economy. 

    • YOJANA AND KURUKSHETRA-  

    These magazines spread the plans and strategies of the Indian Government in detail. Do whatever it takes not to get a lot into these magazines as they tend to over-break down (for gauges of RBI). See all plans and current undertakings and recollect actualities identified with these plans. Investing an excess of energy in these magazines may hurt you. 

    • RBI WEBSITE-  

    Useful for both Finance and ESI. You can use speeches, circulars, and notifications.  

    • FINANCE and MANAGEMENT (F&M) –  

    The majority of the syllabus of Finance and Management will be covered by the following Books. 

    • 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 clearer in his approach. 
    • T S GREWAL- Accounting Ratios 
    • P ROBBINS, T N CHHABRA, GUPTA- Organization Behavior and Theory. Anyone of these books will sufficeT N CHHABRA is viewed as the best as it covers everything except for it is specialized so you may think that it’s hard to comprehend. 
    • T N CHHABRA, ASWATHAPPA, GUPTA- Human Resource Management. Anyone book will suffice but T N CHHABRA and GUPTA cover everything related to HRM while ASWATHAPPA is much easier to understand and comprehend. 
    • RBI WEBSITE- Same as above. 

    4th Month 

    Until now, I guess you have got the answer to your question, how to prepare for RBI Grade B Phase 2. After completing Economics and Social Issues (ESI) and Finance and Management (FM) in 3 months, you can spend the next one month on RBI Phase 1. The purpose is to cover the majority of the syllabus as soon as possible so that you can start revising the syllabus once again and make your concepts even stronger and clearer. 

    For RBI Phase 1, the focus has to be on covering regularly asked areas from Reasoning and Quantitative Aptitude. General Awareness is easy to cover through online capsules available on multiple websites. English is likewise simple, given that you are in any event normal in EnglishYou can cover all 3 areas through CAT Study Material. 

    There might be some problems in Quantitative Aptitude and Reasoning as the level often gets higher than even CAT Exam. For that, I am getting ready with easy and alternative methods of solving different questions. With sectional timing being introduced in the Phase 1 Examination, it has become even tougher to crack especially in the Quantitative Aptitude section. So, you need a thorough practice of the Quantitative Aptitude Section. 

    5th and 6th Month 

    This is an ideal opportunity to change everything and add more information to your base. Keep in mind, perusing something very similar multiple times is superior to perusing it once. Along these lines, the attention ought to be on reexamining whatever you have perused. Attempt to finish the prospectus in the initial 4 months and afterward clean your examination in the following 2 months. 

    ENGLISH for RBI Grade B Phase 2– This is, in fact, 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. 

    To have a complete strategy to prepare for RBI Grade B Phase 2 English Descriptive Paper, you can read one of my answers on Quora. The link for the answer is given below. 

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

    1. Questions asked in PHASE 2 RBI GRADE B 2017
    2. Past Year Questions asked in Phase 1 RBI 2016

    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: 

    1. RBI Grade exam notes and video

    How to Prepare for RBI Grade B – Detailed Strategy 

    Students often ask the question of how to crack RBI Grade B in the first attempt. I would say a planned and effective self-preparation is more than enough to crack the RBI Grade B Examination in the first attempt. 

    Indeed not simply RBI Grade B, any examination can be cleared with this methodology. Everything relies on your difficult work and assurance to clear this assessment and furthermore, how well you are composed of your studies 

    All you need is a decent preparation methodology, the correct arrangement of books, and the correct sort of tests. When you are finished with these, simply pursue the given steps: 

    Step 1

    You need to understand the demands and syllabus of the RBI Grade B Examination. 

    RBI Exam is conducted in three phases. 

    • Phase 1 in RBI Grade B Examination comprises of Aptitude test (English, Reasoning Ability, Quantitative Aptitude and Data Interpretation) and General Awareness. 
    • Phase 2 in RBI Grade B Examination comprises of 3 Papers- English, Economic, and Social Issues (ESI) and Finance and Management (FM). While English is Descriptive, Economics and Social Issues (ESI) and Finance and Management (F&M) are objective papers. Marks obtained Phase 2 and Phase 3 of RBI Grade B Examination are combined to prepare a merit list of candidates for the RBI exam. 
    • Phase 3 in RBI Grade B Examination is the Interview Stage. 

    The Breakup of RBI Grade B Complete Syllabus-

    The Breakup for Phase 1 is- 

    • RBI Grade B Phase 1 Preparation should be possible by separating the syllabus into General Awareness in Segment 1 and Aptitude in Segment 2. 
    • General Awareness preparation for RBI Grade B will go together for Phase 1, 2 and Interview. 
    • In Aptitude and General Awareness, you can break down RBI preparation into the following sub-topics: 

    DATA INTERPRETATION for RBI Grade B: 

    • Tabular graphs 
    • Line graphs 
    • Bar graphs 
    • Pie charts 

    QUANTITATIVE APTITUDE for RBI Grade B: 

    • BODMAS 
    • Number systems 
    • Simple interest and compound interest 
    • Percentage 
    • Averages 
    • Profit, loss, and discount 
    • Ratios 
    • Time, speed and distance 
    • Time and work 
    • Permutations and combinations 
    • Probability 
    • Set theory 

    To watch Free video on Quant for RBI Grade B phase 1: Click here 

    To get Free RBI exam preparation material on Quant: Click here 

    REASONING: 

    • Series 
    • Venn diagram 
    • Blood relations 
    • Directions 
    • Strong and weak arguments 
    • Input and output flowchart 
    • Visual reasoning 
    • Calendars 
    • Puzzles 
    • Clocks 
    • Coding decoding 
    • Assumptions and conclusions 
    • Data sufficiency 

    To watch Free video on Reasoning for RBI Grade B phase 1: Click here 

    To get Free RBI grade b study material on reasoning: Click here 

    ENGLISH: 

    • Paragraph completion 
    • Spelling correction 
    • Sentence correction 
    • Synonym 
    • Antonym 
    • Rearrangement of words/ sentences 
    • One word substitution 
    • Sentence completion 
    • Fill in the blanks 
    • Reading comprehension 
    • Idioms and phrases 
    • Spotting errors 

    To watch Free video on English for RBI Grade B phase 1: Click here 

    To get Free RBI grade b study material on English: Click here 

    GENERAL AWARENESS: 

    • The static part of General Awareness 
    • Indian events 
    • Banking awareness 
    • Important days 
    • Indices 
    • Sports 
    • International events 
    • Awards 
    • Appointments 
    • Science and technology 
    • Defense 
    • Schemes 
    • Current affairs- analytical and factual 

    To watch Free video on Current affairs for RBI Grade B phase 1: Click here 

    To Take Daily Quiz for Current Affairs: Click here 

    Stage 1 expects to test your capacity to take care of general issues in a constrained time allotment. In this way, time management a significant piece of Phase 1. 

    The Breakup for Phase 2 is- 

    English 

    For English Descriptive paper, there are sure things that you have to know before addressing any inquiry. First thing is that the clear papers depend on the exceptionally present or hotly debated issues, along these lines, you have to continually keep yourself refreshed with the most recent patterns in the nation or in the International field to address the inquiries viably. 

    Essay Writing or Writing by and large (in the event that one needs to think about the more extensive picture) has become a significant piece of the RBI Grade B assessment when we talk about the Phase 2 Descriptive Paper of English. 

    The English paper comprises of – 

    • One Essay 
    • One Comprehension 
    • One Precis 

     Let us discuss the preparation strategy of- 

    1. Essay

    An essay is generally between 200–400 words which continue changing each year. Presently, first, you pick three themes to get prepare for the Essay. At that point, you look into online about those three subjects and gather all the pertinent data and note down the focuses. It will take around 2–3 hours. Suppose you did this toward the beginning of the day. Now, late the same day you chose one topic out of three prepared in the morning and compose an essay on the same. In spite of the fact that you are prepared with every one of the three subjects, there will be a couple of themes out of the three which won’t be in the same class as the third one or you probably won’t care for a couple of points. Likewise in this time hole of 5–6 hours, you probably overlooked precisely what you read on the web. At that point composing an exposition on one of the three themes is going to show your ability to compose an essay. In the event that you compose following perusing data on the web, at that point you will be simply replicating what you read. 

    2. Precis

    For Precis, get any publication of around 600–700 words. The point is to pack this article without losing its importance. At that point set up a rough structure. If you won’t make a rough structure, at that point Precis will simply be a cut-glue of the original. While setting up the rough structure, simply attempt to comprehend what the principal subject of the section or understanding is. Additionally, attempt to distinguish, what is the structure of the data that is given in the section. State, for instance, the section is discussing corruption. Along these lines, first, it informs you regarding Jan-Lokpal Bill, at that point how Aam Aadmi Party appeared. At that point, it tells how corruption additionally sneaked in Aam Aadmi Party or how it has been compelling in managing corruption. Along these lines, essentially, a chain of things is shaped in the section. In this way, you additionally need to make a comparable chain or structure of things in your mind and note them down on paper as focuses. Presently, you know these are things that you will examine or write in your Precis. At that point, attempt to outline sentences in your own words remembering the significant focuses which you have noted down in the section. Something critical to be remembered while composing the Precis is that you can get realities or watchwords from the first section or cognizance yet don’t take the whole sentence. 

    3. Comprehension

    Comprehension is a segment that includes answers composed inside, in this way, read the comprehension cautiously. For responding to the questions posed in the comprehension attempt to outline the appropriate responses in your very own sentences blending them in with the words given in the comprehension. In any case, simply don’t duplicate the language of the comprehension. In the event that you are preparing for Essay and Precis, at that point comprehension will be prepared on its own.  

    I had talked about the preparation technique for the Essay. Presently let us discuss “How to compose an Essay”.  

    Prior to pondering the presentation or end, consider the pointers which you will write in the principle body. State, for instance, the question is “How can corruption be removed or expelled from India”. Presently you need to scan for contentions, how might it be really expelled from India, as there ought to be proper laws, execution of those laws, culture ought to be changed where we have acknowledged corruption. So these are the contentions which you need to think from the start. Set up a harsh structure of these contentions. Presently you realize these contentions are to be written in the body section.  

    Presently, for the presentation part, distinguish catchphrases from the topic. Like in the subject, “By what means would corruption be able to be expelled from India” catchphrases are corruption, expelled, and India. In the presentation, you will characterize corruption, the significance of the issue in the present situation. Like you can say this is an issue since it has become such a major piece of our regular day to day existence and influences our ability for improvement.  

    In this way, presently the presentation and body part is prepared. All in all, you need to simply finish up the whole thing which you have written in the body. The end must be straightforward. 

    Along these lines, an essay must be composed. To begin with, set up the body, then Introduction and afterward at the last end. 

    Economics & Social Issues (ESI) Breakup 

    INDIAN ECONOMY ON THE EVE OF INDEPENDENCE 

    • Planning methodology 
    • Indian banking and financial system 
    • Condition of social indicators 
    • Impact of the international scenario 
    • Demography 
    • Condition of different sectors 

    INDIAN ECONOMY- 1947-1969 

    • Planning methodology 
    • Impact of the international scenario 
    • Condition of social indicators 
    • Demography 
    • Indian banking and financial system 
    • Condition of different sectors 

    1969-1980 

    • Planning methodology 
    • Demography 
    • Condition of different sectors 
    • Condition of social indicators 
    • Impact of the international scenario 

    1980- 1991 

    • Planning methodology 
    • Indian banking and financial system 
    • Condition of social indicators 
    • Impact of the international scenario 
    • Demography 
    • Condition of different sectors 

    1991- PRESENT 

    • Political transformations 
    • Indian banking and financial system 
    • Condition of social indicators 
    • Demography 
    • Impact of the international scenario 
    • Planning methodology 
    • Condition of different sectors 

    UNION BUDGET MAKING 

    • Budget making process 
    • Plan versus non-plan 
    • Deficits and surplus 
    • Revenue and capital heads 

    NATIONAL INCOME ACCOUNTING 

    • Evolution of macroeconomics 
    • A new method of income calculation 
    • Formulas- GDP, GNP, NI, NNP, etc. 
    • Circular flow of income 

    BALANCE OF PAYMENTS 

    • BOP surplus and deficit 
    • The trade deficit, savings, and investment 
    • Foreign exchange market 

    HUMAN DEVELOPMENT, ECONOMIC DVT, SUSTAINABLE DVT, ENVIRONMENT AND DEVELOPMENT 

    • Economic versus human development 
    • UNFCCC 
    • Human development report 
    • SDGs 
    • An old and new view on human development 
    • Environment and development 

    MONETARY AND FISCAL POLICY 

    • Monetary policymaking process 
    • Important terms and concepts  
    • Fiscal policy process 

    INTERNATIONAL ECONOMICS AND OTHER INSTITUTIONS 

    SOCIAL ISSUES OF INDIA 

    • Demography 
    • Positive discrimination 
    • Health 
    • Education 
    • Poverty 
    • Urbanization 
    • Migration 
    • Gender 

    To watch Free video on ESI & Economic survey for RBI Grade B phase 1: Click here 

    To get Free RBI Grade B exam Notes on ESI & Economic survey: Click here 

    INDIAN POLITICAL SYSTEM 

    • Constitution of India 

    Finance and Management (F&M) Breakup- 

    REGULATORS OF BANKS AND FIs 

    • RBI 
    • IRDAI 
    • SEBI 
    • PFRDA 
    • Other Regulators 

    ABOUT RBI 

    • History 
    • Monetary policymaking 
    • Organization structure 
    • Present responsibilities 
    • Evolution 
    • Area of functioning 

    INDIAN FINANCIAL MARKET- PRIMARY AND SECONDARY 

    • History 
    • Instruments in financial markets 
    • Present scenario 
    • Future possibilities 
    • Evolution 

    RISK MANAGEMENT IN BANKS 

    • Meaning of risk management 
    • Methods of risk management 
    • Practical questions on risk management 
    • Types of risks 

    DERIVATIVES 

    • Theory 
    • Practical 
    • Derivatives in India 
    • Types of derivatives 

    FINANCIAL INCLUSION 

    • History of financial inclusion/exclusion in India 
    • Recent developments in technology 

    CORPORATE GOVERNANCE 

    • History 
    • E-Governance 
    • Evolution in India 
    • Concept 
    • Evolution globally 

    INDIAN BUDGET MAKING 

    • Process 
    • Union budget 
    • FRBM 
    • Finance commission 
    • Terms 

    INFLATION 

    • Concept of inflation 
    • Types of inflation 
    • History of depression, recessions, etc. 
    • The method followed in India 

    FINANCE- PRACTICAL 

    • NPV 
    • Capital budgeting 
    • Ratios 
    • Management accounting 
    • IRR 
    • Derivatives 
    • Working capital management 
    • Leverage 
    • Dividend policy 

    To watch Free RBI Preparation videos on Finance: Click here 

    To get Free RBI grade b study material on Finance: Click here 

    ORGANIZATION BEHAVIOUR 

    ORGANIZATION THEORY 

    HUMAN RESOURCE MANAGEMENT 

    • What is organization behavior 
    • Motivation 
    • Leadership 
    • Communication 
    • Perception 
    • Personality 
    • Morale 
    • Emotions and moods 
    • Attitudes and job satisfaction 
    • Group behavior 
    • Performance appraisal 
    • Culture 
    • Change and stress management 
    • Organization theory and design 
    • Organization structures 
    • Conflict and negotiation 
    • Organization goals 
    • Corporate governance 
    • Recruitment 
    • Selection 
    • Planning 
    • Training and development 
    • Job design and work-study 
    • Employee morale 
    • Total quality management and kaizen 
    • Job analysis 
    • Quality of work-life and quality circles 
    • Collective bargaining 
    • Personnel policies and procedures 
    • Materials management and inventory control 
    • The strategic role of the human resource manager 

    To watch Free RBI Preparation videos on Management: Click here 

    To get Free RBI grade b study material on Management: Click here 

    Step 2

    Prepare a study plan: 

    • When you have comprehended the syllabus, the time has come to set up a study or preparation plan on how to prepare for RBI Grade B Phase 2 as well as Phase 1. On the off chance that you are intending to begin RBI Grade B Preparation without any prior knowledge or preparation, at that point you need at least a half year to be completely prepared for RBI Grade B Examination. You should first cover General Awareness and Phase 2 (ESI and FM) and afterward, move towards Phase 1. 
    • To get a complete detailed study plan for RBI Grade B, you can read the 6 Months Plan provided above or you can read one of my answers on Quora. The Link is given below.

    Step 3 

    Get the right books for all subjects: 

    A detailed Book list for RBI Grade B preparation can be found on my website itself at the below link: 

    Also, you get a complete list of books that you will need to prepare for RBI Grade B in one of my answers on Quora. The Link is given below 

    How to Prepare for RBI Grade B – 13 Weeks Study Plan 

    We, at www.anujjindal.in, are dedicated to your success. Your success will depend on collective efforts by our team here and your willpower and how well you are organized with your preparation. 

    To help you with your preparation for RBI Grade B 2019, we have come up with a 13-Weeks Strategy. 

    Your Week 1 will start the day we provide you with the complete study material (Videos and PDFs) and Mock Tests for that week. It will be easier for you to revise through Mock tests and will also help you analyze your own preparation. Your target will be to Study the complete material along with Mock Tests by the end of that week. 

    The same process as that of Week 1 will continue for the remaining next 12 Weeks. 

    It does not end here; we will also provide you with a spreadsheet in which you will be given daily targets for a particular week. In this way, you won’t have to worry about what you have to study on a particular day. 

    Also, we will be providing you with a detailed revision plan which among others would be a part of the weekly targets. 

    Now, since First Revision is also included in the weekly targets. We have devised a colour coding scheme to make it simpler. 

    • Green  Your concepts regarding the topic are thorough. 
    • Yellow Your concepts are still lacking. 
    • Red  You barely understood the Concept. 

    This colour coding will help you in the Second Revision. It would come into the picture, once you are done with the entire subject. That is, the second revision would take place once you are done with ESI, which in itself takes 4 weeks. 

    The third revision will take place once you are done with the entire syllabus. You should also go through the selection process for RBI Grade B 2019 before going through the 13-week plan to know about the exam & cut off. 

    You can download the picture below of the 13-week plan & Watch the video too. You can also download the excel sheet of the 13-week plan.

    How to Prepare for RBI Grade B – 4 Weeks Study Plan 

    We, at www.anujjindal.in, are committed to your prosperity. Your prosperity will rely upon aggregate endeavors by our group here and your determination and how well you are composed of your readiness.  

    To assist you with your readiness for RBI Grade B Examination, we have thought of a 4-Weeks Strategy.  

    Your Week 1 will begin the day we furnish you with the total examination material (Videos and PDFs) and Mock Tests for that week. It will be simpler for you to amend through Mock tests and will likewise assist you with preparing for the RBI Grade B Examination. Your objective will be to Study the total material alongside Mock Tests before that week’s over.  

    A similar procedure as that of Week 1 will proceed for the following next 3 weeks. 

    It doesn’t end here; we will likewise furnish you with a spreadsheet in which you will be given every day focuses for a specific week. Along these lines, you won’t need to stress over what you need to consider on a specific day.  

    Likewise, we will furnish you with a plan which among others would be a piece of the week by week targets.  

    Presently, since First Revision is likewise remembered for the week by week targets. We have formulated a color-coding plan to make it easier.  

    • Green  Your concepts regarding the topic are thorough. 
    • Yellow Your concepts are still lacking. 
    • Red  You barely understood the Concept. 

    This color-coding will help you in the Second Revision. It would come into the picture when you are finished with the whole subject. That is, the subsequent update would happen once you are finished with ESI, which in itself takes a month. 

    The third revision will take place once you are done with the entire syllabus. You should also go through the selection process for RBI Grade B 2019 before going through the 4-week plan to know about the exam & cut off. 

    You can download the picture below of the 4-week plan & Watch the video too. You can also download the excel sheet of the 4-week plan.