RBI Grade B 2021 Preparation Strategy, Exam Analysis & Cut Off

Topics Covered: RBI Grade B Cut Off 2021 for Phase 1, Exam Analysis of Phase 1 and Phase 2, Preparation Strategy, Study Sequence, and Week-wise Study Plan

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

It does so by creating appropriate fiscal policies and banking regulations in order to manage price stability.

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

Impressive isn’t it?  

Now, given the merit of the organization of RBI, I want you to think about the abilities of the people that make it possible. 

Imagine how impressive they must be. Now,  the people I am talking about here, the foremost among them are the RBI Grade B officers.  

They are the crème de la crème from amongst the academic and economic elites of our nation.

That said, these officers are recruited annually through the RBI Grade B recruitment process. 

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, then the exam will not take its toll on you, and you shall be able to clear it. 

What do you think? 

Do you have what it takes to clear the RBI Grade B exam? 

Well, if you do, I think you should thoroughly go over this article.

Table of Content – RBI Grade B Preparation, Exam Analysis & Cut Off

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

I do not say this out of a misplaced sense of arrogance or anything like that.

I say this because these are the exact things that I taught to my very first students when I started mentoring for the RBI Grade B exams, and incidentally, all of them were able to clear the exam that year.

I still remember how I had started teaching them.

I had recently quit a cozy and high-paying SBI desk job after realizing that my knack lay in public speaking, teaching, and mentoring. Consequently, I started off by teaching a handful of students on Facebook.

These students used to come over to my place on the outskirts of Delhi and there we used to analyze the exam papers of the past-years and the cut-offs.

Accordingly, I used to make customized study plans, which were vital in their clearing the RBI Grade B exam that year.

The times we spent at my place in Indirapuram, analyzing the past-year papers while sipping hot cups of coffee, is something I’ll never forget.

It’s been ages since those days, but even now I sometimes receive calls from those students updating me about how their respective jobs at RBI are holding up and also talking about how the preparation plan and exam analysis had helped them achieve their RBI Grade B dreams.

Sounds dreamy, doesn’t it?

Well, it isn’t. I tell you, if you go through this article and stick to what’s written in it to the T, you too will taste success in the RBI Grade B exam. I guarantee you that.

So, let’s get to the first topic.

RBI Grade B Preparation

So, let’s first discuss the best approach for RBI Grade B Preparation, and to explain better let me take the help of this story from my school days.

You see when I was in school, I used to be an athlete.

I used to compete in 100 meters and cross-country events and I had a coach who used to train the athletics team that I was a part of.

Now, before every post-summer vacation tournament, he used to make us train for 3 hours every day after school under the scorching afternoon sun. That used to be what you can call, our preparation. 

After the prep, we used to sit down with our coach and analyze the teams that were going to compete with us by taking into consideration their past performances.

That’s how we used to gauge the degree to which we needed to stretch ourselves during our preparation. 

Now I know what must be going on in your head. You are probably asking, 

What has this story got to do with anything?

Well, in this article I have followed the same formula that my athletics coach used to make us follow. 

Preparation first, analysis second. 

To start with you should always remember the target date (Date of the Exam).

Therefore, in this segment, I have talked about the aptest preparation strategy and how best to prepare for the RBI Grade B exam.

RBI Grade B Preparation Strategy

To start things off, I have prepared a study plan for you that should help you judge yourself based on what to study, where to study from, and how much to do it.

This is done so you can be best prepared for the day of the exam.

It’s been set keeping two important aspects in mind:

  1. Your Academic Prowess
  2. The Number of Hours you can invest in your preparation

Let’s go through some of the basic points so that you can interpret the image successfully:

Academic Prowess:

According to your academic qualification, you can be placed in one out of two categories:

  • Category 1: If you place in the first category, you are either “Above average in Phase 1 & new in Phase 2”
  • Category 2: If you place in the second category, you are “new in both Phase 1 and Phase 2”.

Number of Hours of Preparation:

The other classification that I have created, is based on the number of hours you can consistently put into your studies. The delineation of the total hours you commit per day to your studying as per the RBI Grade B Phase 1 syllabus, and the same for Phase 2, has been mentioned below. You can fall into one of the following three categories:

  • Hours allocated: < 3 hours/day
  • Hours allocated: 3 to 6 hours/day
  • Hours allocated: > 6 hours/day

You may also use this guide to create your own Personalised Preparation Strategy.

Kindly read through the following points, added to further your understanding:

  1. The RBI Grade B Phase 1 syllabus includes:  
    • Topics such as Reasoning & Quantitative Aptitude, English, and General Awareness.
  2. The RBI Grade Phase 2 syllabus includes:
    • 3 Subjects namely, Economic & Social Issues, Finance & Management, and English Descriptive.

There might be portions of Phase 1 or Phase 2 that you might be good at, but in the image below, you shall be assumed as one who requires improvement in some of the other factors.

This assumption has been kept in mind while allocating the time you shall spend studying for Phase 1 and Phase 2 in your study plan.

Having comprehended the points above, let us move over to the image below:

Customisable Study Plan for RBI Grade B

How to Prepare for RBI Grade B Exam 2021?

Preparing for RBI Grade B can be overwhelming but it doesn’t necessarily need to be. All it really requires is a calculated approach and disciplined execution.

Since a lot of students have asked me this very question, I have tried to simplify the process by breaking it down into a two-fold strategy. This has been prepared utilising a combination of my own knowledge and the inputs from some of the past toppers of the exam.

So, there are two main aspects to keep in mind here:

  1. Study Sequence
  2. Week-wise Study Plan

Study Sequence 

  1. Take RBI Grade B Mock Tests and solve previous years’ papers of Phases 1 & 2 to identify your strengths and weaknesses. Scores < 50% shall be considered poor.
  2. Categorize subjects falling under the 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. Divide the preparation time into week-wise phases. Select 2 subjects at a time, one that you are strong in, and the other you are weak in.
  4. You can make use of ‘Spotlight’, ‘PIB247’, and ‘RBI 247’ to study current affairs.
  5. Attempt a test every week to improve your essay writing skills.
Study Guide for RBI Grade B Exams

RBI Grade B Week-Wise Study Plan

Quant

Week 1:

  • HCF & LCM
  • Ratio & Proportion
  • Avg, Mixtures & Alligations
  • Percentage
  • Profit & Loss
  • Time, Speed & Distance
  • Time & Work
  • Pipes & Cisterns
  • Simple Interest & Compound Interest
  • Data Interpretation
  • Number Series
  • Equations
Reasoning

Week 1:

  • Blood Relations
  • Directions
  • Venn Diagram
  • Syllogism
  • Number Series (also can be done in Quant)-
  • Input-Output
  • Ranking
  • Coding-Decoding
  • Data Sufficiency
  • Statement & Assumption
  • Statement & Conclusion
  • Decision Making
  • Arrangements & Puzzle
  • Clocks & Calendars
  • Inequality
English

Week 1:

  • Reading & Comprehension
  • Sentence Correction
  • Cloze Test
  • Combining Sentence
  • Sentence Rearrangement
  • Parajumbles
  • Fill in the blanks
  • Phrase Replacement
  • Common Errors
ESI

Week 1:

  • Development, Growth, and Sustainable development
    1. Development and Growth
  • Macro-economics
    1. Growth Measurement
    2. Per capita Income & National Income
    3. Fiscal Policy
    4. Foreign Exchange & Bop
  • Regional & International Organization
    1. Regional and International Organization

Week 2:

  • Indian Economic History before 1991
    1. Role of Economic Planning
    2. Industrial & Labour Policy since 1947
    3. Export-Import Policy since 1947
    4. Agricultural Policy since 1947
  • Indian Economic History after 1991
    1. Economic Reforms in India since 1991
    2. Globalisation
    3. Opening up of Indian Economy
    4. Privatisation
  • Social Sectors & Social Movements
    1. Social Structure in India
    2. Multiculturalism
    3. Demography
    4. Urbanisation
    5. Migration
    6. Gender Issues
    7. Positive Discrimination
    8. Social Movements
    9. Human Development
    10. Education
    11. Health
    12. Poverty & Employment
    13. Indian Polity (Not important for the exam)

Week 3:

  • Indices, Census, Forest, GDP forecast
    1. Indices & Report
    2. Census, SECC, NFHS, Surveys
    3. State of Forest Report
    4. GDP forecast

Week 4

  • Government Schemes
  • Economic Surveys
  • Union Budget
Finance Theory

Week 1:

  • Finance
    1. IFS & Banking Important Terms
  • Indian Financial System
    1. Introduction to IFS
    2. Reforms in IFS
    3. Money Market
    4. Primary Market
    5. Secondary Market
    6. Capital Market
    7. Stock Indices
    8. Depository Receipts

Week 2:

  • Regulatory Bodies in India
    1. RBI – History, Structures, Camels, BPSS
    2. RBI- Subsidiaries, Monetary, Policy Tools, Quantitative Easing, Inflation Targeting
    3. Banks
    4. SEBI- History, Functioning Responsibilities
    5. NABARD, NHB, SIDBI, RRB
    6. Credit Rating Agencies
    7. EXIM & ECGC
    8. Bi-monthly Monetary Policy Basics
  • FOREX Market
    1. FOREX Market, Currency Exchange
    2. History of FOREX in India
    3. Special Drawing Rights
    4. FEMA
    5. Currency Convertibility
    6. EXIM & ECGC
    7. Forex Risk and Management

Week 3:

  • Indian Banking System
    1. History of Banking, Classification – Banks vs NBFI, Base rate MCLR
    2. Priority Sector Lending
    3. MCLR, internal vs external benchmarking
    4. FEOA, FIU, CRILC
    5. Measures of Money- supply, multiplier, creation
    6. SARFAESI
    7. Universal banking & niche banking
    8. Balance Sheet – RBI vs Commercial Banks
    9. Payment System, BPSS, PSS
    10. Prepaid Payment Instruments
    11. Forex Transactions in Commercial Banks
  • Inflation
    1. Inflation concepts
    2. Stagflation
    3. Theory of Inflation
    4. Imported Inflation, Misery Index
    5. GDP Deflator
  • Bonds
    1. Debt Market & Types of Bonds
    2. Bonds Important Concepts
    3. Yield Curve
    4. Masala Bonds
    5. FCCB, FCEB
  • Derivative Concepts
    1. Derivatives

Week 4:

  • Portfolio Inv., DISINV, Public Sector Reforms
    1. Foreign Portfolio Investment and P notes
    2. Disinvestment
    3. FDI Limits
  • Risk Management
    1. Risk Management
  • BASEL, NPA, IBC, PCA
    1. IBC
    2. NPA
    3. BASEL Norms
    4. BASEL- 3 Framework on Liquidity Standards
    5. BASEL & PCA
  • GST
    1. Basics of GST
  • Finance Commission & FRBM
    1. Finance Commission & FRBM
    2. 15th Finance Commission
  • Financial Inclusion
    1. Financial Inclusion
  • Alternate Source of Finance
    1. Alternate Source of Finance
    2. PPP
    3. Private & Social Cost-Benefit
  • Tax or Non-Tax Revenue
    1. Receipts & Expenditures of Government
    2. Revenue & Capital Receipts
  • RBI FAQs
    1. MSME
    2. ATMs; White label ATMs
    3. Banking Ombudsman
    4. Basic saving bank deposit account
    5. Inflation-Indexed bonds
    6. PLFS
    7. RBI as Banker to the Government
    8. External Commercial Borrowings
    9. Liberalised Remittance Scheme
    10. Types of NRI Accounts
    11. P2P Lending
    12. KYC Norms
    13. Alternative Investment Funds
    14. Large Exposures Framework
    15. Unregulated Deposits
    16. Sovereign Borrowings
    17. Liquidity Risk Management Framework
Financial Numeric

Week 1:

  • TVM
  • Present Value
  • Future Value
  • Number Series
  • PV of Annuity
  • FV of Annuity
  • Annuity due
  • Doubling period
  • NPV
  • IRR
  • Equivalent Annuity Method
  • Payback
  • MIRR
  • PI method
  • CAPM
  • CML
  • SML
  • Bond & Equity Valuation
  • Cost of Capital
  • Debt
  • Equity
  • Preference Shares
  • WACC
  • YTM
  • Cash Flow Analysis
  • Leverage Analysis
  • Derivatives
  • Accounting Ratios
  • CVP Analysis
Management

Week 1:

  • Organization Theory
    1. Organization theory and design, structure, goals, effectiveness
    2. Contingency Approach
  • Organization Behaviour
    1. Introduction to OB
    2. Values and attitudes, TA, Johari
    3. Generational Values & International Values
    4. Emotions, emotional intelligence
    5. Personality
    6. Perception & Decision Making
    7. Six hats Model – Decision Making
    8. Motivation
    9. Leadership

Week 2:

  • Organization Behaviour
    1. Conflict
    2. Negotiation
    3. Authority, Power, Stress
    4. Learning, OB mod video
    5. Organization culture
    6. Organization groups, change
  • HRM
    1. Intro to HRM, HRM in detail
    2. Strategic HRM
    3. HRD
    4. Planning, Recruitment, Selection, Orientation, Movement
    5. Training & Development
    6. Career Development
    7. Management Development
  • Job Analysis, Job Design, Evaluation, etc.
    1. Job analysis
    2. Job Design
    3. Job Evaluation
    4. Determination of Wages
    5. Performance Appraisal
    6. Incentives
  • Employee Welfare & Morale
    1. QWL, CB
    2. Employee Welfare Theories
    3. Morale
    4. Employee Counselling
    5. Job Changes
    6. Grievance Handling and redressal
    7. TQM, Kaizen, Six Sigma

Week 3:

  • Corporate Governance
    1. Kotak Panel
    2. Corporate Governance in Banks
  • Organization Control
    1. Organization Control
  • Communication
    1. Communication
Important Note:

Considering that every subject has a ‘Week 1’, you need not cover all of them on that very week itself. Also, make sure to not attempt more than two subjects together at once.

It should be noted that the week-wise segmentation is based on the time it normally takes to finish certain topics.

As far as the topic of English descriptive essay writing goes, you can prepare for it by taking 1 test every week.

Having said that, If you happen to be an enrolled student of ours, your essays will be checked regularly by our mentors. After each check, they will also give you their constructive feedback, which will help you improve.

With that, we come to the end of the segment of RBI Grade B preparation.

As I had mentioned at the starting of this segment with the help of the story about my athletic days, as soon as the preparation portion ends, you need to start assessing your opponent’s abilities by analyzing their past records.  

The opponents, in this case, are the RBI Grade B Exams and the previous records are the Exam Analysis and Cut Off.

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 alsothe 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 areand alsoknow 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 upcoming RBI Grade B exam as well.

So,let’s begin with the RBI Grade B exam analysis of the year 2021.

RBI Grade B 2021 Exam Analysis for Phase 1

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

The RBI Grade B 2021 phase 1 exam was held on the 6th of March, 2021.

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

Sections No. of Questions Marks Duration
General Awareness 80 80 A total time of 120 minutes is given to complete the Phase 1 Paper
Quantitative Aptitude 30 30
English Language 30 30
Reasoning Ability 60 60
Total 200 200

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:

RBI Grade B 2021 Exam Analysis: Phase 1 (Both Shifts)
Shifts Level of Exam Good Attempts
Shift 1 Moderate to Difficult 100-106
Shift 2 Moderate to Difficult 102-107

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:

RBI Grade B 2021 Phase 1 Exam Analysis (Section-Wise)
Shifts Subjects Level of Exams Good Attempts
Shift 1 English Language Moderate 23-25
Quantitative Aptitude Moderate 21-22
Reasoning Ability Moderate to Difficult 24-25
General Awareness Moderate 32-34
Shift 2 English Language Moderate 23-24
Quantitative Aptitude Moderate 23-25
Reasoning Ability Moderate to Difficult 29-30
General Awareness Moderate to Difficult 27-28

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:

English Language
Topic Number of Questions
Reading Comprehension 12-16
Sentence Rearrangement 4
Cloze Test 4-5
Error Spotting 4-5
Idioms and Phrases 3

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.

Quantitative Aptitude
Topic Number of Questions
Data Interpretation 10-12
Number Series 5-6
Data Sufficiency 5-6
Quantity Comparison 3-4
Arithmetic Questions 4-5
Quadratic Equations 4-5

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.

Reasoning Ability
Topic Number of Questions
Reasoning Puzzles 25-30
Machine Input and Output 5
Logical Reasoning 5-10
Alphanumeric Series 2-3
Syllogism 2-3
Direction Test 3
Data Sufficiency 2-3
Coding-Decoding 1-3
Miscellaneous 8-10

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 the 1st of April, 2021. 

The RBI Grade B phase 2 exam 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 latest exam pattern for the Phase 2 RBI Grade B exam:

Paper No. of Questions Time Duration Marks
Paper 1: Economic and Social Issues Objective - 30 Questions 30 minutes 50
Descriptive - 6 Questions (to be attempted - 4) 90 minutes 50
Paper 2: English (Writing Skills) Descriptive - 3 Questions (Precis, RCs, & Essay) 90 minutes 100
Paper 3: Finance and Management
(Objective Type Questions)
Objective - 30 Questions 30 minutes 50
Descriptive - 6 Questions (to be attempted - 4) 90 minutes 50

Having said that, according to me the overall difficulty level of the exam was MODERATE. 

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

Paper Name of the Paper/Subject Overall Level
Paper 3 Finance Management Easy to Moderate
Paper 1 Economic and Social Issue Moderate to Difficult
Paper 2 English Writing Skills Moderate

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:

Paper Name of the Paper/Subject Overall Level
Paper 3 Finance Management 13-17
Paper 1 Economic and Social Issue 10-15

As can be seen in the table above, the good attempts for the 30 objective questions of the ESI paper are 10-15 out of 30, and 13-17 for the F&M paper.

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.

Let’s analyse the 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 questions asked in the objective portion of 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.

Let’s analyse the 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 questions asked in the objective portion of 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. 

RBI Grade B 2019 Exam Analysis for Phase 1 

In this section, I have given tables through which you can get an idea about the difficulty level of the questions asked in phase 1 of the 2019 RBI Grade B exam.

I have also provided for your benefit, the topics, and subjects that the questions belonged to.

Section No. of MCQs Good Attempts Difficulty Level
General Awareness 80 43-50 Moderate
English Language 30 20-23 Moderate
Quantitative Aptitude 30 17-21 Moderate
Reasoning Ability 60 30-34 Moderate
Total 200 (120 Mins) 120-130 Moderate

RBI Grade B 2019 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 2019 Phase 1 exam.

General Awareness
Questions Asked
Current Affairs 
Nobel Prize 2019
Static & Banking Awareness
Banking Terms
Greta Thunberg
English Language
Topic No. of Questions Difficulty Level
Reading Comprehension 10 Moderate
Error Detection 5 Easy-Moderate
Cloze Test 6 Easy-Moderate
Sentence Rearrangement 5 Easy-Moderate
Word Swap 4 Easy-Moderate
Total 30 Easy-Moderate
Quantitative Aptitude
Topic No. of Questions Difficulty Level
Data Interpretation 5 Easy-Moderate
Quantity 1, Quantity 2 4 Moderate
Data Sufficiency  3 Moderate
Missing Number Series 6 Easy-Moderate
Miscellaneous (Time & Work,
Percentage, Boat & Stream, Partnership)
12 Easy-Moderate
Total 30 Easy-Moderate
Reasoning Ability
Topic No. of Questions Difficulty Level
Puzzle & Seating Arrangement:
Day-based, Floor Based, Month-based 
20 Moderate-Difficult
Syllogism 5 Easy-Moderate
Logical Reasoning 8 Easy-Moderate
Logical Reasoning 8 Easy-Moderate
Blood Relation 5 Easy-Moderate
Direction Sense 5 Easy-Moderate
Inequality 5 Moderate
Machine Input-Output 5 Moderate
Coding-Decoding 5 Easy
Alphanumeric 2 Easy
Total 60 Moderate

RBI Grade B 2019 Exam Analysis for Phase 2

Let us quickly go through the constitution of the RBI Grade B phase 2 exam.

Phase 2 is divided into 3 papers, which are Paper 1 or ESI, Paper 2 or F&M, and Paper 3 or English Descriptive.

In this section, I have provided an analysis of all the 3 phase 2 papers so that you can get an idea about the type of questions that are asked in the phase 2 exam.

RBI Grade B 2019 Exam Analysis for Phase 2: Paper 1 (ESI) 

Here I have listed the topics from which questions were asked In the 2019 ESI or the Economics and Social Issues paper: 

  • Pradhan Mantri Ujjwala Yojana  
  • PM Kisan Samman Nidhi Yojana  
  • Ayushman Bharat  
  • Initiatives are taken by the HRD ministry 
  • Robot Bank launched by which bank? 
  • FDI (Advance Question) 
  • SDG Index (Health) 
  • SDG- Global Green Fund 
  • UNCTAD or the UN conference on Trade and Development 
  • GDP estimation according to Economic Survey 
  • India’s GDP forecast according to IMF 
  • MSF/SLR – Definition 
  • Amount of sanctioned issued to Maharashtra Government by ADB
  • Loan sanctioned to an Indian State by World Bank 
  • Question related to Union Budget (scheme allocation) 
  • Funds allocated in MNREGA 
  • Amount of Capital Infused by the Union Government in Public Sector Banks  

RBI Grade B 2019 Exam Analysis for Phase 2: Paper 2 (F&M)

Here I have listed the questions that were asked in the 2019 F&M (Finance and Management paper):

Finance:
  • FRBM Act
  • Motivation
  • Capital Market
  • A Bond with multiple maturities
  • Managerial Grid
  • ERG Theory
  • 360-degree app
  • Risk Management
  • Commercial Paper
Management:
  • Corporate Governance
  • Communication
  • Leadership Style
  • Motivation Theories
  • Career Path, Development & Management

RBI Grade B 2019 Exam Analysis for Phase 2: Paper 3 (English Descriptive)

Here I have listed the questions that were asked in the 2019 English Descriptive paper:

Reading Comprehension: IMF & It’s Functionality. 
Precis: Capital & Current Account Convertibility 
Essay Writing: For the essays, these were the topics that were asked.

  • Higher Education
  • Stress among youth
  • NBFC Loan collection issues.
  • Importance of a Vote in Democracy
  • 5G scope in India

That brings us to the end of the 2019 RBI Grade B exam analysis.

Now that you know the type of questions that were asked and their difficulty levels in the 2019 exams, do not make the mistake of assuming that these are the only types that are asked in every exam.

RBI Grade B Cut Off 

The RBI Grade B Cut Off for the Phase 1 exam in 2021 has been released. We have updated it in the table below. Typically it is released in about 2 weeks’ time after the Phase 1 Exam.

Along with the RBI Grade B Phase 1 cut offs, the RBI Grade B mark sheet for the phase 1 paper has also been released.

To check your marks, you can go over to the official RBI website and punch in your date of birth and roll number. This will lead you to your mark sheet. Download your mark sheet and compare it with the cut off list, to see how you fared in the Phase 1 paper.

The cut off for the Phase 2 2021 Exam will be released once the selection process is complete.

RBI Grade B Cut Off 2021

The RBI Grade B Phase 1 exams were held on 6th March 2021. Having said that the cut offs for the same were been recently declared on the 31st March 2021.

As mentioned earlier you can check the cut off for Phase 1 in the table below.

RBI Grade B Cut off 2021 ((DR)-General) – Phase 1 

You can check the 2021 RBI Grade B Cut off for Phase 1 in the table below:

Section Category-Wise Cut Off
General EWS OBC SC ST PwBD (OH/HI/VH/MD)
General Awareness 16 16 12 10.25 10.25 10.25
Reasoning 12 12 9 7.75 7.75 7.75
English Language 6 6 4.50 3.75 3.75 3.75
Quantitative Aptitude 6 6 4.50 3.75 3.75 3.75
Total Score 66.75 66.75 63.75 53.50 52.75 52.75

Now that you have gone through the cut off for Phase 1, you may want to look at the previous years’ cut off marks as well.

So, without further ado, let’s get to it.

RBI Grade B Previous Years’ Cut Off

As I have mentioned before, glancing through previous years’ RBI Grade B cut offs will give you an idea about the marks you’d need to secure in the upcoming exam in order to clear it.

One extremely important thing that you need to keep in mind while studying for the exam is that in order to clear it, you’d need to not only score above the overall RBI Grade B cut off marks but the sectional cut off marks as well.

This means that the various sections of Phase 1 and Phase 2 papers carry their own separate cut off marks, implying that to qualify for the phase 2 paper you’d need to score above the sectional cut off of each of the Phase 1 subjects.

However, in the phase 2 paper, you’d not only need to score above each of the sectional cut off of the phase 2 subjects but also do so with a pretty handsome margin.

That is the only way you’d be able to make it to the interview round.

Therefore, to score well above the sectional as well as overall cut off marks of both the phase 1 & 2 papers, you need to be thorough with the number of questions you need to attempt and prepare accordingly.

In the sections below I have shared with you the RBI Grade B Cut Off for 2019, and also for the years before that for both the phases.

RBI Grade B Cut Off 2019 

The 2019 RBI Grade B Phase 1 exam was held on the 9th of November, 2019, and its result was declared on the 18th of November 2019. The cut offs for the same were declared a week after the phase 1 result had come out.

As far as the cut offs of the Phase 2 exam are concerned, they were declared a fortnight after the final results had come out on the 19th of October 2020. This uncharacteristic delay in the declaration of the RBI Grade B 2019 result can be attributed to the corona situation.

Having said that, I have mentioned the RBI Grade B 2019 cut offs for both the phases below:

RBI Grade B Cut off 2019 ((DR)-General) – Phase 1 

You can check the 2019 RBI Grade B Cut off for Phase 1 in the table below:

Section Category-Wise Cut Off
General EWS OBC SC ST PwBD (OH/HI/VH/MD)
General Awareness 20 20 16 14.25 14.25 14.25
Reasoning 15 15 12 10.75 10.75 10.75
English Language 7.5 7.5 6 5.25 5.25 5.25
Quantitative Aptitude 7.5 7.5 6 5.25 5.25 5.25
Total Score 122 122 115.5 108 108 108

RBI Grade B Cut off 2019 ((DR)-General) – Phase 2

You can check the 2019 RBI Grade B Cut Off for Phase 2 in the table below:

RBI Grade B cut off 2019 for Phase 2 Category-Wise Cut Off
General SC ST OBC PwBD EWS
Aggregate Cut off in all papers of Phase 2 (Paper-I, II, & III) taken together in written examination for shortlisting the candidates for Interview (out of total 300 marks) 193.25 172.25 172.25 188 172.25 (LD, HI, MD)
176.75 (VI)
193.25
Aggregate Cut off marks in all papers of phase 2 (Paper-I, II & III) and Interview taken together (out of total 350 marks) obtained by the last recommended candidate as per the number of vacancies notified in the advertisement. 238.25 206.5 194 215.5 Gen – 215.75
& OBC – 194.75
197

RBI Grade B Cut Off 2018 

The 2018 RBI Grade B Phase 1 exam was held on the 16th of August, 2018, and its result was declared on the 5th of September 2018. The cut offs for the same were declared a week after the phase 1 result had come out.

As far as the cut offs of the Phase 2 exam are concerned, they were declared a fortnight after the final results had come out on the 20th of February 2019.

Having said that, I have mentioned the RBI Grade B 2018 cut offs for both the phases below:

RBI Grade B Cut off 2018 ((DR)-General) – Phase 1

You can check the 2018 RBI Grade B Cut Off for Phase 1 in the table below:

Section Category-Wise Cut Off
General Awareness Reasoning English Language Quantitative Aptitude Total Score
General 20 15 7.5 7.5 105.75
OBC 16 12 6 6 95.75
SC 14.25 10.75 5.25 5.25 91.75
ST 14.25 10.75 5.25 5.25 91.75
PWD (OH/HI/VH/MD) 14.25 10.75 5.25 5.25 91.75

RBI Grade B Cut off 2018 ((DR)-General) – Phase 2

You can check the 2018 RBI Grade B Cut Off for Phase 2 in the table below:

RBI Grade B cut off 2018 for Phase 2 Category-Wise Cut Off
General SC ST OBC PwBD
Aggregate Cut off in all papers of Phase 2(Paper-I, II, & III) taken together in written examination for shortlisting the candidates for Interview (out of total 300 marks) 201.25 186.25 180.25 180.25 180.25
Aggregate Cut off marks in all papers of phase 2 (Paper-I, II & III) and Interview taken together (out of total 350 marks) obtained by the last recommended candidate as per the number of vacancies notified in the advertisement. 248.5 235.5 221.25 219.5 GEN – 235.50
OBC – 223.00

This brings us to the end of the final section of this article.

I hope, through the aforementioned tables showing the cut off marks of the various years, you’d be able to get a general picture of what the cut off might be in the upcoming RBI Grade B exam.

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!  

Founder & CEO of Anujjindal.in


About Anuj Jindal

━━━━

Anuj Jindal, the founder, is an ex-manager from SBI, with an M.Com from Delhi School of Economics. He also has a JRF in Commerce & Management and NET in HRM, along with more than 4 years of experience in the field of Education.

FAQs: RBI Grade B Preparation, Exam Analysis & Cut Off

  • image/svg+xmlimage/svg+xml
    Does the RBI Grade B exam has negative marking?

    Yes, unfortunately, there is 0.25 marks are deducted for every wrong answer. This applies to both the RBI Grade B Prelims, as well as the Mains exams. I know it’s a little disheartening. So, make sure you choose your answers after much deliberation. That way you don’t have to worry about getting negatively marked.

  • image/svg+xmlimage/svg+xml
    How long does it take to prepare for RBI Grade B?

    Well, the question that you ask is fairly simple, but the answer to this is pretty complex. You see the time that you’d require to prepare perfectly for the RBI Grade B exam is something that would depend on a lot of things.

    Things like your education background, meaning if you are from the science, commerce, or humanities streams. Or the fact that you have or have not appeared for other govt. job exams before, and if you are a working professional or not.

    So, the preparation time varies from candidate to candidate. If you’re still adamant about an answer, I think it’s safe to say that if you starting your preparations from scratch, you’d need 6 months if you are from a commerce background, and 9 if you are from a non-commerce background.

  • image/svg+xmlimage/svg+xml
    Is there any reserve list Cut Off?

    Yes, there are reserve list cut off marks for most of the reserved categories. I have mentioned the RBI Grade B Cut off 2019 ((DR)-General) – Phase 1 cut-offs and RBI Grade B Cut off 2019 ((DR)-General) – Phase 2 cut-offs in tabular format in the article above. I have also given the same for the year 2018 as well.

    Go through the tables and judge for yourself the number of marks you’d need according to your category to clear the upcoming RBI Grade B exam with flying colors.

  • image/svg+xmlimage/svg+xml
    I have scored just above the cut-off. What are my chances for final selection?

    By scoring just above the cut off marks, I am assuming that you are talking about the cut off marks of Phase 1 or RBI Grade B Prelims Exam.

    I say that because the cut off marks of the Phase 2 or Mains paper and the interview round only come out once the final selection list for the RBI Grade B exam has already been released.

    Coming back to the point that if you have scored just above the cut off, it must have been in the Phase 1 Paper, and if that really is the case then I would like to inform you on this:

    Phase 1 is basically an elimination round. The marks obtained by candidates in it are not taken into consideration when the final RBI Grade B exam scorecard is computed.

    So, that basically means, by scoring above the cut off marks in phase 1 you have just been able to secure yourself a seat in the phase 2 paper, nothing more than that. It’s entirely up to you now to score well in the Phase 2 exam and Interview to place yourself on the final selection list.

  • image/svg+xmlimage/svg+xml
    Can I prepare for RBI Grade B by practicing mock tests only?

    Well, my friend, if only clearing the RBI Grade B exam were that easy. So, if you are a virtuoso who has covered the entire RBI Grade B syllabus already, has been reading newspapers daily for the current affairs section, and has also gone through all the RBI Grade B past years question papers, then by all means just practicing mock tests would suffice.

    However, if you are an average Joe like most others, then my answer would be a big “NO”. Just practicing mock tests will not help you. Apart from that, you’d need to cover the entire RBI Grade B syllabus absolutely thoroughly, and also repeatedly practice on as many RBI Grade B past year question papers as you can. You’d also have to check the RBI website for all the updates that the organization releases, and read the newspaper daily for your current affairs preparation.

    Having said that, if you are too inclined on solving them, you can practice on the Mock Tests that I have created for you.

5 Comments
  1. i haven't filled the form RBI grade b yet. Completed my P.G(science). Is it possible to crack the RBI grade b exam in 1 month, or should i drop the idea of RBI.

    Reply
  2. sir, i want to clear RBI GRADE B exam can you help me with this and i want to counsel by you about the exam all the questions i have..
    thank you

    Reply
    • Hello Pankaj,
      Kindly reach me on this number +91 9999466225

      Reply
  3. sir,

    I would like to thankyou for the above article.
    It is very good gives crystal clear important information needed for one to start off thier prep journey
    It would be a pleasure to be guided by you

    thanks

    Reply
    • Hello Shivam,
      You can contact on below mentioned number for further information.
      +91 9999466225

      Reply
Submit a Comment

Your email address will not be published. Required fields are marked *