RBI Grade B Exam Pattern & Syllabus (Phase 1 & Phase 2)

Are you wondering why the RBI Grade B syllabus is so different than all the government exams out there? 

Well, you can easily understand it by going through the various perks and job profile provided by the Reserve Bank of India. 

If you don’t know about the salary and job profile of an RBI Grade B officer, go through this link: Check Here

Content

It is not a public bank. It is the central bank of the country and studying more for a job like this shouldn’t be the problem.

You will be able to handle the whole banking system of the country. Make different policies to help the country grow exponentially and what not.  

So let us start with the selection procedure of the exam and after that, we will move to the syllabus of the RBI Grade B Exam.

RBI Grade B Stages

Let’s come to the exam pattern of the exam. We covered RBI Grade B Online application details and RBI Grade B eligibility criteria till now. 

This section will give you an idea about the different stages of the RBI Grade B Exam. 

You must be wondering about the time you get for the exam and the number of questions you get from each section. This is an important thing to analyze. 

Many students who are strong in one section tend to skip that section and focus more on the other sections.

But this is not a good strategy as RBI Grade B examination has a sectional cut off too.

Let’s start with the stages of the RBI Grade B Exam. 

The whole exam is divided into 3 stages. I have mentioned the stages below: 

  • Prelims
  • Mains
  • Interview

Before moving forward, I would like to tell all my students that studying hard is important but there is one thing even more important than that and that is studying smart.

RBI is not looking for a donkey but they are looking for an ant. A smart worker, as well as a hard worker. This can also be seen from the way they structured the exam.  

Prelims is a qualifying stage so don’t give a lot of time to this stage. You don’t want to score the highest in this stage as it doesn’t matter.  

Start preparing more for Mains. Scoring high in Mains will make sure that you clear the final cut off easily. 

Both Mains and Interview marks are counted in the final selection.

RBI Grade B Phase 1 Subjects, Questions & Marks 

Let us start with the division of each stage. Prelims also called Phase 1 has 4 subjects mentioned below: 

Sr. No. Name of the Tests (Objective) No. of Questions Maximum Marks Total Duration
1. English Language 30 30 Composite Time of 2 hours.
2. Numerical Ability 30 30
3. Reasoning Ability 60 60
4. General Awareness 80 80
Total 200 200

RBI Grade B Phase 2 Subjects, Questions & Marks

Mains exam is divided into 3 subjects. 2 of these subjects are objective in nature but one of them is subjective in nature. 

Economics & Social Issues (ESI) and Finance & Management (FM) are the two objective papers in RBI Grade B Phase 2 examination.

On the other hand, the descriptive paper is of English in which you are asked an Essay, Precis and Reading Comprehension.

Sr. No. Name of Tests Maximum Marks Time (Minutes)
1. Economics & Social Issues 100 90
2. Finance & Management 100 90
3. English Descriptive 100 90
Total 300 270

The final stage is the Interview stage which comprises of 50 marks. You can opt for both Hindi and English as a language.  

You will get a panel of 5 people who will mostly ask questions from your background. 

You can also watch some interview experience here. 

The first one on the list is Muhammad Ali who worked full time in PNB while preparing for RBI Grade B 2018 Examination and secured All India Rank 3.

Strategy

Interview

The second one is RBI Grade B 2018 All India Rank 6, Aditya Sood who was a working professional in an IT Company who managed to clear the RBI Grade B Exam in his 4th Attempt. 

Strategy

Interview 

Next on the list is Abhishek Prasad, an Ex-Rimcollian, who fought against cancer and cleared RBI Grade B 2018, with All India Rank 11. 

Strategy

Interview

People talk can a non-IIT, non-IIM, non-Finance, non-Economic, people from not so affluent educational background clear the RBI Grade B Examination? Well, the next topper here, Rashmi Ranjan Sahoo, is the answer to that question. 

Strategy 

Interview

RBI Grade B Officer Syllabus Phase 1 (Prelims) 

We have covered the whole RBI Grade B exam pattern and now we should move to the syllabus of the exam.

Know about the Syllabus of Phase 1 & 2

We have 4 Sections in RBI Grade B Phase 1All the four sections are equally important as we not only have final cut off but sectional cut off too.

So you should be able to score good marks in all the four sections.

Let’s talk about each section one by one. You can go through the whole RBI Grade B syllabus here.

I have mentioned some important topics below. It should be your first priority to cover these topics:

  • General Awareness
  • English Language
  • Quantitative Aptitude
  • Reasoning Ability
English  Quantitative Aptitude  Reasoning  General Awareness 
Grammar  Mensuration  Puzzles  Banking & Financial Awareness 
Vocabulary  Time and Work  Seating Arrangement  Monetary Policies 
Error Spotting  Average, Ratio, Percentages  Directions and Distance  Economic Terms 
Comprehension  Speed, Distance and Time  Data Sufficiency  Current Affairs 
Passage Making  Mixture and Allegations  Blood Relations  Financial & Economics News 
Jumble Words  Permutation and Combination  Syllogism  Static GK 
Fill in the Blanks  Data Interpretation  Coding Decoding  Government Schemes, Agreement & Deals 
Sentence Framing  Probability  Inequality  Banking terms, rates, processes 

RBI Grade B Syllabus for Mains Exam 

Paper-I: Economic and Social Issues (ESI)

  • 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 underprivileged, Social Movements
  • Indian Political System, Human Development, Social Sectors in India, Health, and Education. 

Paper-II: English Descriptive (Writing Skills)

The English paper will be designed to test the writing skills of candidates including expression and understanding of the topic. 

You are asked to write an Essay and Precis in this paper and also solve a few questions based on a given comprehension.

I have posted the past year papers here to help you understand the type of questions asked in the exam.

 

Paper-III: Finance and Management (FM)

(I) Finance 

(a) Financial System: Regulators of Banks and Financial Institutions, 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 

  • Risk Management in Banking Sector 
  • Basics of Derivatives: Forward, Futures, and Swap
  • Changing Landscape of Banking sector
  • Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments
  • Financial Inclusion- use of technology 
  • Alternate source of finance, private and social cost-benefit, Public-Private Partnership 
  • Corporate Governance in Banking Sector, the role of e-governance in addressing the issues of corruption and inefficiency in the government sector.
  • 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),
  • Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI – components, and trends. 

(II) Management 

  • Nature and scope; The Role of a Manager in an Organisation.
  • The Management Processes- Planning, Organisation, Staffing, Directing and Controlling;
  • 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 Counselling
  • 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. 

We have talked about the syllabus of the RBI Grade B Examination but the important question is how to cover this syllabus. I have mentioned some amazing books you can use to cover the syllabus.  

There is no one book covering the whole syllabus of the RBI Grade B Exam. 

Actually, there is no one book that covers the whole Finance Syllabus of RBI. 

Whattttt? 

Yes, you have to use multiple books to cover the complete syllabus.  

I have mentioned the topic that you need to cover from each book to help you out further in this blog. Have a thorough read.

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.

Free Material

Quizzes

FAQs: RBI Grade B Exam Pattern & Syllabus (Phase I & Phase II)

  • image/svg+xmlimage/svg+xml
    When is the RBI Grade B Exam 2020 scheduled to be conducted?

    Yeah, I know, the pandemic, and the uncertainty it has brought, but don’t fret it. The First Phase of the RBI Grade B exams would most likely be conducted in November of 2020 and the Second Phase would take place in the month of December of the same year. To remain posted on updates, click here.

  • image/svg+xmlimage/svg+xml
    Can a job in RBI be considered as a government job?

    No, a job in the Reserve Bank of India does not come under the state or central government. Banks come under the public sector and Officers in RBI are not appointed on any gazetted status. Reading this, you might get disheartened, but if you do want to look at the brighter side, just take a glace at the perks and salary you are entitled to receive if you make it as an RBI Grade B officer.

  • image/svg+xmlimage/svg+xml
    Is the RBI Grade B syllabus different from the SBI PO syllabus?

    Affirmative. The syllabi for both the exams are different. Even though the difference is marginal, but it’s still there. The Syllabus for the mains of both, the SBI PO and RBI Grade B exams, is the same. It’s the prelims where they differ. Apart from the reasoning ability, quantitative aptitude and English language sections asked in the prelims of both the exams, RBI Grade B adds an extra section of general awareness which is not a part of the SBI PO prelims. To know more about the RBI Grade B exam syllabus in detail, click here.

  • image/svg+xmlimage/svg+xml
    What are the eligibility criteria for the RBI Grade B officer exam?

    The following must hold true for a you if you so wish to appear for the 2020 RBI Grade B exam:

    • You must be an Indian Citizen
    • You must be above the age of 21 years but must not have touched the 30th year of your life.
    • If you are appearing for the exam, you must have a graduate degree in any discipline if you want to be recruited into the generalist cadre, and to gain access into the specialist cadre, you must have the desired degree from the respective specialization.  

    Get More Details HERE.

9 Comments

  1. Hello There. I found your blog using msn. This is a really well written article.
    I’ll be sure to bookmark it and return to read more
    of your useful information. Thanks for the post. I’ll certainly comeback.

    Reply
  2. It’s very simple to find out any topic on web as compared to books, as I found this piece of writing at this website.

    Reply
  3. This post is invaluable. When can I find out more?

    Reply
  4. Heya i’m for the first time here. I found this board and I find It really
    useful & it helped me out a lot. I hope to give something back and help others like
    you aided me.

    Reply
  5. Appreciate the recommendation. Let me try it out.

    Reply
  6. Your way of explaining the whole thing in this post is genuinely good,
    every one be able to simply know it, Thanks a lot.

    Reply
  7. Incredible points. Sound arguments. Keep up the amazing work.

    Reply
  8. Thanks very nice blog!

    Reply

Submit a Comment

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