More

→ Phase 2 2016

→ Phase 2 2015

→ Phase 1 2016

Note: Basic salary Rs.35150/- and Gross Salary Rs.65000/- per month. There may be difference in the amount other than basic pay according to the location of job posted anywhere in India.

More

There are three different levels of RBI Grade B examination:

• Phase 1
• Phase 2
• Interview

Phase 1: Objective Written Examination This is a two-hour examination, having 200 questions. A student scores +1 mark for each correct answer and a penalty of -0.25 for each incorrect response. There is no penalty for not attempting questions. The score obtained in Tier – I examination is not considered in the final score. So it is merely a qualifying examination. Generally, the examination is conducted in different time slots over a window of 2-4 days. The ‘corrected-scores’ obtained by each of the candidates in different sessions (if held) will be normalized using equipercentile method. A candidate has to secure minimum marks separately in each subject as well as aggregate. The question paper pattern is: More 

Paper-I – Economic and social Issues

Growth and Development – Measurement of growth: National Income and per capita income – Poverty Alleviation and Employment Generation in India – Sustainable Development and Environmental issues. Economic Reforms in India – Industrial and Labour Policy – Monetary and Fiscal Policy – Privatization – Role of Economic Planning. Globalization – Opening up of the Indian Economy – Balance of Payments, Export – Import Policy – International Economic Institutions – IMF and World Bank – WTO – Regional Economic Co-operation. Social Structure in India – Multiculturalism – Demographic Trends – Urbanization and Migration – Gender Issues – Social Justice : Positive Discrimination in favor of the under privileged – Social Movements – Indian Political System – Human Development – Social Sectors in India, Health and Education.

Paper-II – English (Writing Skills)

The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic.

Paper-III – Finance and Management

(A) Finance and Management:

(I) Finance

(a) Financial System 1. Regulators of Banks and Financial Institutions 2. Reserve Bank of India- functions and conduct of monetary policy, Banking System in India, Financial Institutions – SIDBI, EXIM, NABARD, NHB, etc. (b) Financial Markets Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments. (c) General Topics 1. Risk Management in Banking Sector 2. Basics of Derivatives: Forward, Futures and Swap 3. Changing Landscape of Banking sector 4. Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments

best RBI grade B online coaching phase 2

5. Financial Inclusion- use of technology 6. Alternate source of finance, private and social cost-benefit, Public-Private Partnership 7. Corporate Governance in Banking Sector, role of e-governance in addressing the issues of corruption and inefficiency in the government sector. 8. The Union Budget – Direct and Indirect taxes; Non-tax sources of Revenue, GST, Thirteenth Finance Commission and GST, Finance Commission, Fiscal Policy, Fiscal Responsibility and Budget Management Act (FRBM), 9. Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI – components and trends.

(II) Management:

Management: its nature and scope; The Management Processes; Planning, Organization, Staffing, Directing and controlling; The Role of a Manager in an Organization. Leadership: The Tasks of a Leader; Leadership Styles; Leadership Theories; A successful Leader versus an effective Leader. Human Resource Development: Concept of HRD; Goals of HRD; Performance Appraisal – Potential appraisal and development – Feedback and Performance Counseling – Career Planning – Training and Development – Rewards – Employee Welfare. Motivation, Morale and Incentives: Theories of Motivation; How Managers Motivate; Concept of Morale; Factors determining morale; Role of Incentives in Building up Morale. Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateral communication; Barriers to Communication, Role of Information Technology. Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance.

More

• Controlling money supply in the system,

• Monitoring different key indicators like GDP and inflation,

• Maintaining people’s confidence in the banking and financial system, and

• Providing different tools for customers’ help, such as acting as the “Banking Ombudsman.”

  RBI is the Issuer of Monetary Policy

• Inflation control

• Control on bank credit

• Interest rate control

RBI is the Issuer of Currency

• Section 22 of the RBI Act gives authority to the RBI to issue currency notes. The RBI also takes action to control circulation of fake currency.

RBI is the Controller and Supervisor of Banking Systems

• Public sector banks

• Private sector banks

• Foreign banks

• Co-operative banks, or

• Regional rural banks

  Manager of Foreign Exchange

RBI manages forex under the FEMA- Foreign Exchange Management Act, 1999. In order to

• facilitate external trade and payment

• promote development of foreign exchange market in India.

Age : Between 21 and 30 years. For candidates possessing M.Phil. and Ph.D. qualification, upper age limit will be 32 and 34 years respectively. For candidates having experience as an officer in Commercial Bank/ Financial Institution in Public Sector as also prior experience in Reserve Bank of India, upper age limit is relaxed to the extent of number of years of such experience, subject to a maximum of three years. For such candidates, upper age limit should not exceed 33 years including experience. For experience, probationary period will not be reckoned. Educational Qualifications: A minimum of 60% marks (50% in case of SC/ST/PWD) or an equivalent grade in Bachelor’s degree as well as in 12th and10th standard examinations. The minimum qualifying percentage or an equivalent grade for the Bachelor’s Degree will be in aggregate for all semesters/years. Number of attempts: Candidates belonging to unreserved i.e. General Category, who had already appeared Six times for Phase-I Examination for this post in the past, are not eligible to apply. No such restriction applies to candidates belonging to SC/ST/OBC/PWD, if the posts are reserved for them.

More

Exam 2017 Cut Off

Section wise and aggregate cut off marks in Phase – I examination held on June 17, 2017 for shortlisting the candidates for Phase-II examination for the post of Grade B Officers (DR).

More

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.

More

Step 1- Understand the syllabus and demands of RBI Grade B exam.

RBI exam is conducted in three phases.

• RBI Grade B Phase 1 comprises of Aptitude test (English, Reasoning, Quantitative Aptitude and Data Interpretation) and General Awareness.

• RBI Grade B Phase 2 comprises of 3 papers- English, Economic and Social Issues (ESI) and Finance and Management. While English is Descriptive, ESI and Finance and management are objective papers. Marks of RBI Grade B exam phase 2 and phase 3 are combined to prepare merit list of candidates for RBI exam.

• RBI Grade B Phase 3 is the Interview stage.

  More

All About Study Material For RBI Grade B Phase 2 Exam (Finance and Management):

​Management for RBI Grade B Phase 2 Exam-

“Organization Theory and Behavior” by T N Chhabra and B P Singh”.

“Human Resource Management” by T N Chhabra.

More