RBI Grade B 2024 Preparation Strategy & Exam Analysis

If you are targeting government jobs, RBI Grade B 2024 examination is the best entry-level job in the country. RBI is known as the banker of the banks but also an architect of India’s economy and working with which is a sign of respect and dignity in the society.

The RBI is India’s apex economic and banking organization mandated with the task of keeping the nation’s economy stable.

It also serves as the bank to the government of India and the only note-issuing agency to the government.

The recruitment process involves a challenging exam consisting of 2 phases and a final interview round.

Needless to say, these exams are no walk in the park. Only the most dedicated, smart, and hardworking aspirants get to make it through.

Having said that, I will also emphasize the fact that if you follow a time-bound & disciplined study plan, analyze the papers of the past years and solve them, draw out an intensive strategy and cover the most important topics from the syllabus.

Basically, this article will be one of the most important things you will read in your quest to crack the RBI Grade B 2024 exam.

That said, if you go through this article and stick to what’s written in it to the detail, you too will taste success in the RBI Grade B exam. I guarantee you that.

In it I have talked about all the preparation related topics like, what your study sequence should be, the important techniques to use while preparing for the RBI Grade B, how to approach mock tests, important dos and don’ts pertaining to your preparation, and day-wise study plan.

Apart from that, I have also listed down the detailed analysis of the RBI Grade B exams of 2023, 2022 and 2021 in this article.

So, without further ado let’s begin with our first topic.

Preparation Strategy: RBI Grade B Phase 1 & 2

If you are planning for prepare for the upcoming RBI Grade B 2024, then you have come to the right place!

In this section I have mentioned in detail, everything that you’d be needing to ace the RBI Grade B exam with flying colors. Do go through the topics written below as thoroughly as possible and implement them to your RBI Grade B preparations.

I have also included detailed, time-bound, and subject-wise study plans for you, so that you can schedule your study accordingly. The best thing about these study plans is that they are extremely easy to understand and are in a tabulated format.

Anyway, let us start with the most important topics related to the RBI Grade B preparation:

Study Sequence

1. When you start with your preparation, take at least 3 mocks of both Phase 1 and 2 to identify your strong and weak areas. Scores < 50% shall be considered weak.

2. Categorize subjects falling under strong and weak categories, after carefully evaluating which of them you are strong in and which of them you are weak in. Be honest.

3. Next, you should Create a Study Timeline, I.e., Divide your preparation time into week-wise phases. Pick out 2 subjects at a time, one that you are strong at, and another you are weak at. You can also use the timetable given by me below. It is divided into morning and evening shifts.

4. Brush up on Current Affairs: You can make use of ‘Spotlight’, ‘PIB Current Affairs’, and ‘Finance Current Affairs’ to study current affairs. If you have limited time, start with current affairs when you are done with at-least 50% of your syllabus. Do not begin your preparation with the current affair.

5. Practice Writing: Attempt a test of Phase 2 FM or ESI and Essay every week to improve your writing skills.

At this point, I would suggest that you guys should be absolutely thorough with the updated RBI Grade B Syllabus.

Important Techniques

1. Have the schedule for your day prepared before leaving the bed in the morning and stick to it as steadfastly as you can.

2. Revise either daily or weekly, depending on your timetable. Working aspirants can follow weekly revision schedule and students can follow a daily revision schedule.

3. You should analyze past year papers diligently. Doing so would help you to list the important static parts of the subjects and shed light on the shifting trends/changing patterns.

4. Carry out a Self-Assessment every once in a while: Be sure to observe yourself, as you are the best guide of yourself. You must know where you lack and how much time you need to devote to a topic.

5. Don’t devote too much time on reading newspaper. Current affairs magazines are more helpful before interview. Argumentation and opinions help in the interview stage more. You can rely on monthly magazines for Phase 1 and Phase 2.

6. Avoid last minute hustles for important tasks such as filling your application form, downloading your admit card, etc.

Know how to fill your online application to avoid silly mistakes.

Approach to mocks

1. Writing mocks every week is very important. Mocks can be sectional or comprehensive, depending on the stage of your preparation. You can start with sectional tests by using my RBI Grade B Phase 1 and Phase 2 sectional mock tests. When the examination is 1 month away, you can begin comprehensive mocks.

2. Sectional as well as comprehensive tests help by improving time management skills of the aspirant.

3. Mock analysis is as important as mocks itself. You can analyse mocks by dividing your answers into 3 parts- correct, incorrect and not answered. You need to work on questions that got correct by fluke and the answers that got wrong due to silly mistakes. Try to minimize these two.

4. Work on elimination technique to score higher and also enhance your accuracy. Under elimination, you eliminate all options before finalizing your answer choice. It is certainly more time consuming but more accurate as well. (Elimination is not always successful in quant and reasoning. If you have arrived at the right answer by solving a question, no need to apply elimination)

Attempts free Mock Tests with detailed analytics here.

Do’s and Don’ts

1. Stop overthinking and start action: Having too many self- doubts in the beginning can result in procrastination. Therefore, immediately start action on study plan you have created. 

2. Cramming Wisely: Question papers have become a mix of concepts and facts – this needs a holistic approach wherein you are cramming and understanding concepts together.

3. Limited your Sources of study: Sources are like old friends that are always there to help you in the time of need. You do not need to read from new books, decide on a few and stick to them, besides you won’t have the time to go through new books.

4. Practice on as many Aptitude tests as you can: Remember to practice Aptitude mock test as often as you can. GS paper will be evaluated only if you clear CSAT by getting 33% or 66 marks. Do not forget to cover aspects like mental ability, comprehension, and logical reasoning while taking aptitude tests.

5. Manage your time well: Make sure to not spend much of your time and energy on useless talks and discussions. Stay away from stressful people and Eat, Sleep, Study & Meditate for better results.

6. Listen to your instincts: It is very important to follow your intuition while preparing as it will also prove while solving the actual exam. 

7. Stay away from things like Facebook, Instagram, or entertainment sources like Web series or other social media platform which can distract you.

8. Do not use your phone while studying. If you don’t have a laptop, get an old laptop or desktop. Phones aren’t meant to study. Keep your phone in another room or in a drawer while studying. This is rule 101.

Those were all the important points for you to keep in mind while preparing for the RBI Grade B exam.

Now let’s look at the Day-wise study plan that I have made for you in the form of tables, but before that, let us go through some important points that will help you understand the study plan better.

Day-Wise Study Plan

1. The plan has been divided into 3 parts- Phase 1 Quant, Reasoning, and English; Phase 2 Economic and Social Issues; Phase 2 Finance & Management. Based on your priority, you can pick up any one of the 3 parts.

2. If you have more than 4 months in hand for your prep, it is advisable to check the 8 – month study plan which has been provided below and start with the Phase 2 F&M plan, followed by Phase 2 ESI, and finally Phase 1 QRE. However, there isn’t any hard and fast rule for it. You can also start with Phase 1 QRE if you feel that you are very weak in the same.

3. Pick up a maximum of 2 subjects in one day, as described in the study plan. Do not pick up more than 2 subjects at one point.

4. If you are a working aspirant, you need to divide your studies into 2 slots – morning and evening. Get up before other aspirants and start your day with the morning targets provided in the below study plan. Try to leave your office by 6 PM, come back home and sleep for 1 hour straight. Start studying by 8 PM and give only 3 hours. You do not need to burn the proverbial midnight oil.

5. Repeat the cycle after you have completed your syllabus once. In the second reading, start with current affairs too. You need to cover Phase 1 and Phase 2 current affairs together. You can use Daily Current Affairs by Neha Ma’am, PIB Current Affairs by Manish Sir, and Finance Current Affairs by Gulabsa Ma’am to cover current affairs daily (Available on YouTube).

6. Phase 1 current affairs are to be covered for 6 months before the exam. Phase 2 current affairs need coverage of 1 year prior to the exam.

Phase 1 – STUDY PLAN (Quant, Reasoning & English)

Phase 2 – STUDY PLAN (Finance & Management and Economic & Social Issues)

Throughout this strategic approach, I would suggest that you stay updated with the exam dates for the upcoming RBI Grade B Exams. For your convenience, I have linked the respective section above.

Now since we are done with the preparation strategy or the study plan, whatever you call it, there’s one more thing that you need to do if you want to maximise your chances of selection in the RBI Grade B Exam.

You must be wondering what I am talking about. Well, I’m talking about the RBI Grade B Exam Analysis. Exam Analysis holds a very important key to your selection because it helps you identify the areas from which questions are regularly framed and you also get to know the level of questions asked.

So, without wasting any time let’s move on to the RBI Grade B Exam Analysis of the previous year papers.

RBI Grade B Exam Analysis

As I have already mentioned before, to ensure victory in any battle or sport, just the preparation from your side is not enough. 

You also need to gauge the abilities of your opponents and also the playing/battlefield where the clash is to take place by analyzing the past year’s trends and records. 

According to the subsequent findings you’ll get from the analysis you’ll become aware of how prepared you are and also know how much more effort you’d need to put in to ensure a sure-shot victory. 

This is the formula you’d need to apply to ensure success in the RBI Grade B exam 2024 as well. 

But before we head to the exam analysis I am providing you the link to the blog where you would be able to access the previous years’ papers (from 2010 to 2023) and download them. 

So, let’s begin with the RBI Grade B exam analysis of the year 2023. 

RBI Grade B 2023 Exam Analysis for Phase 1

The exam for RBI Grade B 2023 Phase 1 commenced on 9th July 2023 successfully, it was held in two shifts: Morning and Afternoon.  

While the questions asked were different in these two shifts, there was no change in the exam pattern.   

You can check the table below to get an overview of the exam pattern of RBI Grade B 2023 Phase-1: 

With the idea of exam pattern being clear to you, let us check the difficulty level of both the shifts of the Phase I exam.  

After carefully going through the papers from both the shifts, we can derive from the analysis that the difficulty level of the exam ranges from moderate to tough.   

To elaborate on this further, I have discussed the section-wise RBI Grade B 2023 Phase 1 exam analysis in the table form below: 

With the purpose to provide in depth explanation of the RBI Grade B 2023 exam, I have discussed in detail the section – wise analysis of the Phase I exam.  

RBI Grade B 2023 Exam Analysis for Phase 1: Section-wise

As mentioned earlier, the Phase I examination has four sections – English Language, Quantitative Aptitude, Reasoning Ability and General Awareness. 

Let us go through each of these topics to analyze the difficulty level of the exam section – wise.  

English Language

The questions in the section of English language are asked from topics such Reading Comprehension, fill in the blanks and sentence rearrangement.

As per the general trend witnessed over the years with the English section, the questions are straightforward and easy to attempt.  

Continuing with the trend, the same can be said about this year’s paper, as the questions asked in the exam were simple and very much doable.  

In the table below, I have provided all the topics that come under the English section of RBI Grade B Phase I. 

Given the simple nature of the questions in English Language, the overall level of this section was easy to moderate. 

Quantitative Aptitude

Talking about the Quantitative Aptitude, it is generally tough compared to other sections with questions given from topics such as Data Interpretation, Number series and Arithmetic problems.  

In the table below, I have listed all the topics along with the number of questions asked in the Quant section: 

To start with the topic of Data Interpretation, the questions were asked in the form a table, pie – chart and a puzzle which were lengthier to solve compared to previous years.   

The problems given in the arithmetic section were based on Mensuration, Profit & Loss, Age problems, Mixture allegations and Algebra.  

While the questions from Quadratic Equations and Number series were easy, the overall difficulty level of the exam was moderate to tough. 

Reasoning Ability

The section of Logical Reasoning consists of questions asked from the topics such as Puzzles, Seating arrangement, Syllogism which are analytical in nature and take time to solve.

In the following table, I have mentioned all the topics and the number of questions allotted for each.  

The highest number of questions are asked from the topics from Seating arrangement and puzzle. In this year’s paper, the questions were lengthy and were given in the following types of puzzles and seating arrangements: 

• Floor and flat based puzzle 
• Selection based puzzle 
• Year and age-based puzzle 
• Linear – based seating arrangement 
• 2 parallel rows with 5 people sitting in each 
• Square – based sitting arrangement 

For logical reasoning, as not many questions could have been done within the specified time limit, the overall level of the section this year ranges from moderate to difficult.  

General Awareness

To help you recall the questions asked in the section, I have listed down below a few questions asked in the General Awareness section from both the shifts combined.  

• In which place has the climate clock been installed? 
• Which cities are connected by trilateral highway project in India? 
• How many years did the BSR system complete in 2022? 
• Name of the consumer-awareness program launched by RBI to promote e- vehicles.  
• Mascots used by RBI for public awareness campaign.  
• What are the pillars of India’s foreign trade policy? 
• Question based on Atlantic Declaration 
• The theme of Payment vision – 2025.  

The time taken to solve the questions asked in the General Awareness section was longer as the questions were analytical in nature, however, the level of the questions was not very difficult which makes it rank between moderate to tough.  

Apart from static GK, a great number of questions came from economy subject and current affairs, especially from PIB news and Govt. Schemes.  

Now, with the discussion on this section over, we have come to end of Phase I analysis of RBI Grade B 2023 exam.  

Let’s proceed to discuss in detail the exam analysis for RBI Grade B Phase 2 2023. 

RBI Grade B 2023 Exam Analysis for Phase 2

The examination for RBI Grade B 2023 Phase 2 was conducted on 30th July 2023. 

Ongoing with the general trend, there was no change in the exam pattern as the questions were asked from three sections of Economic and Social Issues (Paper1), English descriptive (Paper 2) and Finance and Management (Paper 3)  

To explain it in simple terms, I have provided below the table for RBI Grade B exam pattern 2023:  

After a thorough analysis, the overall difficulty level can be said to be Moderate to Difficult 

To provide you a complete idea about the difficulty level of the examination, you can check subject- wise difficulty level of RBI Grade B Mains 2023 given in the table below: 

After going through the table above I hope you got a broad picture of the overall exam difficulty level. Now, let us proceed to discuss further in detail about exam analysis for each paper. 

Economic and Social Issues (ESI) Paper Analysis:

To begin with ESI section in RBI Grade B 2023, it was tough in terms on the difficulty level of the questions.   

The nature of questions asked in the paper are both objective and descriptive. The total time duration to complete the ESI Paper is 2 hours (120 minutes) which is further divided into 90 minutes for answering the descriptive questions and 30 minutes are provided to attempt the objective part.  

• In general, the questions asked in this year paper were lengthy, more analytical and time – consuming for the candidates to solve.  
• A comprehensive coverage of PIB 247, Government schemes, Daily Current Affairs, Spotlight and Static portion of ESI provided on my YouTube channel would have been a lot beneficial for aspirants who have referred to these for their exam preparation.  

To provide you an example of type of questions given in the paper, I have provided few questions asked in the ESI section below: 

Descriptive Questions asked in the ESI Paper

15 Markers

• In the light of RBI’s report on currency and finance FY 2022- 2023, explain  
• Macroeconomic effect of climate change 
• 3 landmark global collaborations on climate change 
• World bank has released its World Development Report 2023: Migrants, Refugees and Societies. Discuss key recommendations for the countries given in the report. 
• UNDP’s new strategy for Gender Equality was mentioned in UNDP’s report. Taking reference of this report, how can we introduce gender sensitization in the fabric of Indian economy? 

10 Markers

• Explain any 3 schemes of the government of India working towards employment generation and poverty alleviation.  
• Direct and indirect monetary policy measures and briefly explain at least 8 of them.  
• What are the various challenges faced by start–ups in tier 2 and tier 3 cities? 

Objective Questions asked in the ESI Paper

The following is an example of passage- based question given in the paper: 

Question (1-4). X mission was launched by Hon’ble Prime Minister Narendra Modi on 20 October 2022 at Kevadia, Gujarat. X focuses on bringing about behaviour changes in individuals for combatting climate change. Its objective is a global movement for transitioning from a model of destructive and mindless consumption to deliberate and mindful utilization of resources. Ministry of Environment, Forest and Climate Change is the nodal ministry for national-level coordination and implementation of this Mission.  

Q1. Identify X Mission mentioned in the above passage 
Q2. The above X Mission was announced by Prime Minister at which of the following event? 
Q3. Which of the following is not amongst seven categories of X Mission? 
Q4. X Mission has three Phases. Match the correct pair.

For comprehensive understanding of the ESI exam analysis, you can refer to this detailed video by Manish Sir provided below: 

Talking about the difficulty level for the section, the paper for Finance and Management was fairly easy.  

• For the exam pattern of the paper, Finance and Management section has total time of 2 hours allotted to complete the paper which is segregated into 90 minutes for descriptive portion and 30 minutes to answer the objective questions. 
• The questions for Finance and Management section came mostly from static portion rather than current affairs.  
• As questions asked in basic in nature, F&M paper was easygoing and simple for candidates to solve compared to the section of ESI.

You can check the section below to get an overall idea of the type of questions asked in F&M paper in RBI Grade B 2023 exam: 

Descriptive Questions asked in the FM Paper:

15 Markers 

• Explain in detail, RBI’s Retail Direct Scheme including the scope, applicability, charges, fees, etc.  
• Explain the Big 5 Model of personality. What are other traits of personality affecting Organization Behaviour? 
• What was Henry Fayol’s contribution to Management? Explain his 14 –Principles of Management. 

10 Markers 

• What is Code of Conduct? How it is implemented in the organization? 
• Describe ONDC. How it will impact companies like Amazon, Flipkart, Walmart, etc.  
• What are Pre-Sanctioned Credit Lines at Banks through the UPI? How it is going to help in furthering Financial Inclusion? 

Objective Questions asked in the FM Paper 

2 Markers 

• 5 questions on Corporate Governance 
• 3 application-based questions on motivation theories 
• 2 questions on organizational behaviour 
• 5 questions on example – based communication topic 
• 5 questions on Financial Inclusion 

Here is an example of the passage – based question asked in FM Paper: 

Question (1-5).  Government initiated X scheme in August 2014 to provide universal banking services for every unbanked household, based on the guiding principles of banking the unbanked, securing the unsecured, funding the unfunded and serving un-served and under-served areas. PMJJBY is a Government-backed Life insurance scheme in India. In order to avail of the benefits offered by the Pradhan Mantri Jeevan Jyoti Bima Yojana policy, it is mandatory to link your Aadhaar Card to the participatory bank account. 

Q1. Based on the above passage, identify the Scheme that has been launched on 15th August, 2014? 
Q2. What is the life insurance limit under PMJJBY? 
Q3. What is the age limit in the PMJJBY? 
Q4. What is the maximum amount of pension that is received under APY? 
Q5. What is the amount of premium that is paid in the PMSBY? 

1 Marker 

• Organized, self-disciplined and achievement-oriented are the characteristics of which of the traits of the Big Five Traits Model? 
• Which of the following theories holds that the ends or consequences of an act determine whether the act is good or bad? 
• What kind of principle focuses on the kind of value displaces of others? 
• The NaBFID Act, 2021 has been set up as a Development Financial Institution (DFI) to support the development of which part of the economy? 
• What is the maximum limit that a resident individual can freely remit per financial year under the Liberalized Remittance Scheme? 

To access the detailed discussion on the Finance and Management section, you can check this insightful video by Karnima and Parul Ma’am.

The paper for English descriptive is provided to test the candidate’s proficiency in the language which include the writing skills as well as reading comprehension.  

• The exam structure of the English Paper is divided into 3 segments- Essay writing, Precis writing and Reading Comprehension. 
• Since questions asked were analytical and lengthier, the English Descriptive Paper was moderate in terms of difficulty level.  

To help you provide an overview of the questions asked, I have provided a few questions down below: 

Essay 

• There is an immense need of multi-linguistic social media account for businesses 
• Economic Impacts of climate change on developing countries 
• What is social media recruitment? What are its advantages and disadvantages 
• In every organization, especially in this modern day and age, employees focus on personal value and purpose in the organizations. Suggest ways/measures for organizational culture in this regard.

Precis Writing 

• For Precis writing, the candidates were asked to write on the topic of Gender Equality and AI.  

Reading Comprehension 

For the passage provided in English descriptive, the following questions were asked: 

• What is the author’s view on corporate’s increasing prices when the supply falls short? 
• The author sympathized with ECB president. Why? 
• Greedflation is the secondary cause of inflation. What is the primary cause and what are the author’s views on this? 

Now, let’s get to the section-wise analysis of the RBI Grade B 2022 Phase 1 exam. 

RBI Grade B 2022 Exam Analysis for Phase 1

The RBI Grade B 2022 Phase 1 successfully took place on 28th May 2022. The exam transpired in two shifts: Morning and Afternoon. Both the shifts followed the same exam pattern.

Here’s the pattern of RBI Grade B 2022 Phase-1:

With the pattern in place, let’s jump straight to the exam analysis.

Upon analyzing the papers of both the shifts, it can be stated that the overall level of the 2022 Phase 1 exam was moderately difficult.

I have mentioned the section-wise RBI Grade B 2022 Phase 1 exam analysis below:

RBI Grade B 2022 Exam Analysis for Phase 1: Section-wise

I have mentioned below the topics that came in the RBI Grade B 2022 exam from each of the sections.

English Language

The English section gets designated with 30 questions, one question a mark. Over the years this section has played a crucial role in the qualification of many candidates, and in this year’s edition as well this section was comparatively doable, as per the general mandate.

In the table, I have filled the topics that represented the entire English section of RBI Grade B 2022 Phase 1.

Take a peek at the representation and get the general idea of the English section.

The overall level of this section was easy to moderate.

Quantitative Aptitude

From the table that I have mentioned below, you’ll get a fair idea about the approximate distribution of questions asked pertaining to different topics of the Quantitative Aptitude Section in the 2 shifts of the Phase 1 paper.

The questions that were asked on Data Interpretation were in the Caselets, and pie chart formats.

They were lengthy questions but were doable.

The problems asked for in the arithmetic section were based on Mensuration, Time and Work, Percentage, Age problems, etc.

The overall level of this section was between moderate to difficult.

Reasoning Ability

In the table that I have mentioned below, you’ll get an idea about the approximate distribution of questions asked pertaining to different topics of the Reasoning Ability Section in the 2 shifts of the Phase 1 paper.

I have mentioned below the types of puzzles and seating arrangement questions that were asked in this section:

• Linear Seating Arrangement – 2 Rows
• Blood Relations based puzzle
• Tabulation based puzzle
• Puzzle based on designations
• 2 Rows that are parallel with 6 people in each row
• Floor based puzzle
• Circular Arrangement
• Car Parking based puzzle

The overall level of this section was between moderate and difficult.

General Awareness

I have mentioned below a few of the questions that were asked to test your memory in the General Awareness section, based on the 2 shifts combined.

• Author of the book -” My country my life”
• Who is the google policy head of India?
• Delimitation has happened in which state recently?
• Who is the runner-up of pro kabaddi league 2022?
• Ownership ratio in RRB by state, Centre, & Sponsor banks
• Questions based on Union Budget 2021
• Questions on RBI Financial Report
• Question on PM SVANIDHI

Apart from the questions that I have mentioned above, around 8 to 10 questions were based on Static GK, and in terms of difficulty level, this section was of easy to moderate difficulty.

That brings us to the end of the analysis of phase 1, let’s now analyze the phase 2 paper of the 2022 RBI Grade B exam.

RBI Grade B 2022 Exam Analysis for Phase 2

The RBI Grade B 2022 Phase 2 exam was held on 25th June 2022. The exam followed the usual scheme, i.e., it entailed Paper 1 (ESI), Paper 2 (English Descriptive), and Paper 3 (F&M).

Given below is the pattern of the RBI Grade B Phase 2 Exam :

According to the mandate and general analysis the overall difficulty level of the exam was MODERATE.

Given below is the paper wise difficulty level of the phase 2 exam:

I have given you the general overview of the Phase 2 analysis. Now, it is time to pay heed on each paper of the examination.

Starting with Paper 1.

Economic and Social Issues (ESI) Paper Analysis:

The ESI paper is a 2-part examination, consisting of descriptive and objective sections. The duration of Paper 1 is 2 hours (120 minutes), which is split up in the form of 90+30.

90 minutes to complete the descriptive part (4 out of 6 questions) and 30 minutes are designated for the objective bit (30 Questions).

Following the popular trend, the ESI exam turned out to be a challenging one in the 2022 edition too.

However, upon analysing carefully, it can be concluded that only one source- PIB 24*7 (Video Session Series on my official YouTube channel- Anuj Jindal) – was enough to cover the entire ESI Paper 1.

That was the analysis of the ESI segment.

Now let me present a wider picture of the section by showcasing what questions were asked in the exam.

Descriptive Questions asked in the ESI Paper

15 Markers

• Despite spread of urbanisation in villages, challenges such as race, caste, gender discrimination still persist. In this context what are the challenges faced by protective discriminatory policy?
• What is meant by Economic reforms? Economic reforms from 1990s till now
• Financial stability is essential to any financial institution/business. Discuss in the light of Financial Stability Report of RBI and economic reforms in view of Covid outbreak in India.

10 Markers

• What are the challenges associated with rural entrepreneurship? How young enterprises can solve these problems?
• Short note on current Monetary Policy Framework in India.
• What is NBFC? How it is different from banks? What are the 5 types of NBFCs registered with RBI?

Objective Questions asked in the ESI Paper

• What was India’s rank and score in the 2020 edition of Human Capital Index of World Bank
• Number of countries that helped World Bank in preparing Human Capital Index
• 4 Questions on India-Australia Free Trade Agreement
• Statement based question on Sovereign Gold Bond Scheme
• 4 Questions on Smile Scheme
• Question on UDAN scheme
• 3 questions on Raisina Dialogue
• Question about eligible beneficiaries under PM Kisan Maan Dhan Yojana
• Question about Bhoomi Rashi Portal
• Question about Matsya Sampada Yojana
• A young person wants to develop the entrepreneurial skills. So, he goes to NCDC. Under which scheme he should register?
• 2-3 Questions from PM Aadarsh Gram Yojana

Watch the below video, made by Manish sir, to get the complete narrative of the ESI section of RBI Grade B 2022 Phase 2.

Finance & Management (F&M) Paper Analysis:

Much like the ESI section, Finance and Management paper followed the 2-hour duration pattern, which entails the descriptive (90 Minutes) and objective (30 Minutes) parts.

The descriptive section carries 6 questions (3-15 Markers and 3- 10 Markers), out of which 4 needs to answered (2 out of 3 from 15 markers and 2 out of 3 from 10 Markers). The objective bit consists of 30 questions (10- 1 Markers and 20- 2 markers)

Giving respite to the candidates from the difficult ESI section, the F&M section came out to be easy to moderate in the RBI Grade B Phase 2 2022.

While the aforementioned is the general verdict of the F&M section, but to get a detailed overview, follow the below heads.

Descriptive Questions asked in the FM Paper:

15 marks questions

• What are the common barriers to communication in an organization? How can these be overcome?
• Why is change resisted in organization? What can the management do to overcome it?
• In the current era, where the blockchain is at its peak will it disrupt banking?

10 Marks Questions

• What are long-term REPO operations?
• Describe India’s response to the Global Financial Crisis 2008?
• What is the importance of ethical behavior in society and throw some light on the manager’s role in encouraging ethical behavior in an organization?

Objective Questions asked in the FM Paper

1 Mark Questions

• Question about identifying 20-digit code
• Communication flowing from top to bottom is known as?
• What is the criteria for an enterprise to be classified as a small industry?
• According to Kurt Lewin, what is the first phase in the process of planned change?
• According to RBI, what is the FPI limit on corporate bonds?
• What is the process of blaming one’s unethical behavior on others?
• Question on Diagonal Communication
• Question on Payment Structure Development Fund (PIDF)

2 Marks Questions

• 4 questions on CSR Committee
• 4 application-based questions on motivation theories
• 4 questions on Communication topic
• Question on outsourcing of financial services by NBFCs
• 2 questions about levels of organizational behaviour

To know the complete formation of the questions, watch the video by Parul ma’am given below.

English Descriptive Paper Analysis:

The English Descriptive paper is attached with the RBI Grade B Phase 2 exam to test the writing, Reading and apprehension prowess of the individual.

This segment is categorized into 3 parts

• Essay Writing
• Precis Writing
• And Reading Comprehension

The 2022 edition of the exam was of Easy to Moderate level.

Questions that came in this section are given below:

Essay

• Peace cannot be kept by force. It can only be achieved by understanding. Elaborate
• Role of female entrepreneurs in India
• Advantages and disadvantages of Renewable energy. How the OSOWOG initiative will help in eliminating these disadvantages
• India has become a medical destination for the world

Precis Writing

*Watch the video given below to know the question of Precis writing.

Reading Comprehension

5 questions on the topic of Financial Derivatives

Watch the video given below to get detailed analysis of the English Descriptive part. Jump to the 40:00 part of the video to find English Descriptive analysis.

RBI Grade B 2021 Exam Analysis for Phase 1

The RBI Grade B Exam involves 3 stages, Phase 1 or prelims, Phase 2 or Mains, and finally Phase 3 or the interview round.

The 2021 phase 1 exam was held on 6th March 2021.

Given below is the typical breakdown of the Phase 1 Exam:

Having said that, it should be noted that the Phase 1 exam was conducted in two shifts. The difficulty level of the 2 shifts is given below:

After analyzing the papers of both the shifts, it can be said that the overall level of the 2021 Phase 1 exam was moderately difficult as far as the difficulty level goes.

I have mentioned the section-wise RBI Grade B 2021 Phase 1 exam analysis below:

Now, let’s delve into the detailed exam analysis of the various sections of the RBI Grade B 2021 phase 1 exam.

RBI Grade B 2021 Exam Analysis for Phase 1: Section-wise

I have mentioned below the topics from which questions were asked corresponding to each of the sections of the RBI Grade B 2021 Phase 1 exam.

English Language

In the table that I have mentioned below, you’ll get an idea about the approximate distribution of questions asked pertaining to different topics of the English Language Section in the 2 shifts of the Phase 1 paper:

The reading comprehensions were based on:

• Increasing cases of Tuberculosis and its preventions
• The role of smartwatches in detecting cardiac arrests

The overall level of this section was moderate.

Quantitative Aptitude

In the table that I have mentioned below, you’ll get an idea about the approximate distribution of questions asked pertaining to different topics of the Quantitative Aptitude Section in the 2 shifts of the Phase 1 paper.

The questions that were asked on Data Interpretation were in the Caselets, and pie chart formats.

They were lengthy questions but were doable.

The problems asked for in the arithmetic section were based on Mensuration, Time and Work, Percentage, Age problems, etc.

The overall level of this section was between moderate and difficult.

Reasoning Ability

In the table that I have mentioned below, you’ll get an idea about the approximate distribution of questions asked pertaining to different topics of the Reasoning Ability Section in the 2 shifts of the Phase 1 paper.

I have mentioned below the types of puzzles and seating arrangement questions that were asked in this section:

• Linear Seating Arrangement – 2 Rows
• Blood Relations based puzzle
• Tabulation based puzzle
• Schedule based puzzle
• 2 Rows that are parallel with 6 people in each row
• Floor based puzzle
• Box based puzzle

The overall level of this section was between moderate and difficult.

General Awareness

I have mentioned below a few of the questions that were asked to test your memory in the General Awareness section, based on the 2 shifts combined.

• First Novel of Amitav Ghosh
• Question on Indian Innovation Index
• When is the ‘International Tea Day’ observed?
• Question on Sukanya Samriddhi Yojana
• Pradhan Mantri Kushal Yojana
• When is the ‘Good Governance Day’ observed?
• Questions based on Union Budget 2021
• Questions on RBI Financial Report
• West Indies and Bangladesh Series

Apart from the questions that I have mentioned above, around 8 to 10 questions were based on Static GK, and in terms of difficulty level, this section was of moderate difficulty.

That brings us to the end of the analysis of phase 1, let’s now analyze the phase 2 paper of the 2021 RBI Grade B exam.

RBI Grade B 2021 Exam Analysis for Phase 2

The RBI Grade B 2021 phase 2 exam was held on 1st April 2021 and consisted of 2 shifts. The morning shift comprised of paper 1, namely Economic & Social Issues, and paper 3, namely, Finance and Management.

The afternoon shift comprised of paper 2, namely English Writing Skills.

Given below is the typical breakdown of the RBI Grade B Phase 2 Exam:

Given below is the paper wise difficulty levels of the phase 2 exam:

I have mentioned the section-wise RBI Grade B 2021 phase 2 exam analysis below.

Let’s glance through the Good Attempts for RBI Grade B Phase 2 Objective sections of papers 1 and 3:

Now let’s analyse all the 3 papers, one by one, and in detail.

Economic and Social Issues (ESI) Paper Analysis:

The ESI paper had to be completed within a total time duration of 2 hours. Out of the 2 hours or 120 minutes, 90 minutes were allocated for the descriptive portion of the paper, and the remaining 30 minutes were allocated for the objective portion.

In the descriptive portion, you would have needed to write answers to 4 out of the 6 questions asked in the paper (2 out of 3 – 15 marks questions & 2 out of 3 – 10 marks questions). The word limit for the 15 marks questions was 600, and for the 10 marks questions, it was 400.

The objective portion consisted of 30 questions. 10 Questions of 1 Marks each & 20 Questions of 2 Marks each.

As I have already mentioned above, the overall difficulty level of the ESI paper was moderate to difficult. As far as the difficulty level of the objective and descriptive portions go, the descriptive part was tougher than the objective part.

Descriptive Questions asked in the ESI Paper

15 marks questions (word limit of 600):

• How have the different aspects of Globalisation evolved since the 2008’s Global Financial Crisis. Analyse its impact.
• What is meant by the vertical & horizontal allocation of resources to states as per the 15th Finance Commission? How can this objective be achieved?
• Describe the various Poverty Estimation Method in relation to the following?
  • Per Capita
  • Inflation & Consumption
  • Safety Net Program

10 marks questions (word limit of 400):

• What is the influence of Demographic Transition on India’s economic growth?
• What are the 3 measures that are related to the Disinvestment of Strategic Sectors & Non-Strategic sectors in Union Budget 2021-22. Discuss.
  • Rationale
  • Impact
• Discuss India’s commitment to climate change in light of its socio-economic, health & developmental projects.

Some of the objective questions asked in the ESI paper:

• Question on PM KISAN Yojana.
• Question on OECD.
• India’s GDP is Forecasted by which organization?
• Odd One Out Based question on Govt Schemes.
• Labour reforms-based comprehension question. (2 Marks)

Finance & Management (F&M) Paper Analysis:

The FM paper had to be completed within a total time duration of 2 hours. Out of the 2 hours or 120 minutes, 90 minutes were allocated for the descriptive portion of the paper, and the remaining 30 were allocated for the objective portion.

In the descriptive portion, you would have needed to write answers to 4 out of the 6 questions asked in the paper (2 out of 3 – 15 marks questions & 2 out of 3 – 10 marks questions). The word limit for the 15 marks questions was 600, and for the 10 marks questions, it was 400.

The objective portion consisted of 30 questions. 10 Questions of 1 Marks each & 20 Questions of 2 Marks each.

As I have already mentioned above, the overall difficulty level of the FM paper was moderate to difficult. As far as the difficulty level of the objective and descriptive portions go, the descriptive part was tougher than the objective part.

Descriptive Questions asked in the FM Paper:

15 marks questions (word limit of 600):

• Function on the following Regulatory Bodies: SIDBI, EXIM, NABARD, NHB & RRBs
• What are Basel Norms & what are the Pillars of Basel 3 Norms.
• Question on Corporate Governance & its key Principles.

10 marks questions (word limit of 400):

• What the major/key announcements of Union Budget 2021-22 (5 Announcements)
• Question on the difference between Transformational and Transactional leadership.
• Question on Behavioural Reinforcement. Explain Positive & Negative reinforcements.

Some of the objective questions asked in the F&M paper:

• Question on Government Model for building National Highways for construction of roads in the country. (2 Questions)
• Question related to Depository.
• Question on Hybrid Annuity Model.
• Question on Organisational Behaviour.
• Question on NPCI.
• Question on Shares, SEBI & ASBA.

Note: I will update this section as and when I receive more information regarding the above topics.

English Descriptive Paper Analysis:

The English descriptive paper is framed to test your writing skills, expression, and understanding of a topic.

There were 3 questions asked in the paper. The three were:

• An essay writing question
• A precis writing question
• A comprehension

Since the paper was online, candidates had to type the answers via a keyboard.

The overall difficulty level of the English Descriptive paper was moderate.

I have mentioned the questions that were asked in the paper, below:

• Precis writing question was based on Sand Mining (Related to Urbanisation & Soil Exploitation) – Words Limit of 140
• Reading Comprehension Question was based on Counter Economy (Black Marketing): In this, there were 5 Questions asked based on the comprehension were of 6 marks each. The word limit for each answer was 50-60.
• Essay Topics (300 Words) that were asked were:

• An ounce of prevention is a pound worth of cure.
• Future of BPO industries in India.
• Importance of Creative thinking in business.
• Pros & Cons of teaching Coding/ Computer Language to school Students.

That brings us to the end of the 2021 RBI Grade B exam analysis of both phases.

Conclusion

To conclude, I want to say that this article is a very important one as far as RBI Grade B exams go. Everything that I have mentioned in this article would be of immense benefit to you provided you go through it with the utmost sincerity and earnestness.

Having said that, I just want you to know that I have absolute confidence in your ability to crack the RBI Grade B exam, and I wish you all the very best for the preparations that lie ahead.

Have a great day!