RBI Grade B Syllabus and Study Material

Today let us have a quick look at the exam of RBI Grade B officer. This is like the top job for an entry level aspirant, one can reach the position of Deputy Rbi- Governor through this Direct recruitment. Another aspect is the posting would be maximum in Metro cities as it RBI has its offices only in metro cities. Above all, it’s a great honour to get associated with the “Central Bank” of the country. Please do remember this is not like other Bank exams, RBI expects in-depth knowledge of the concepts because the one who recruited as Gr B officer take part in making the economic formulations for the entire country.

First, let us have a quick look at the exam pattern and syllabus. RBI releases Grade B officers posts in three categories namely,
1. Officers in Gr B – General
2. Officers in Gr B – DEPR – Department of economic and Policy Research
3. Officers in Gr B – DSIM – Department of statistics and Information management.
Officers in Gr B- General is the entry-level job for the Graduates with prescribe (%) percentage, For the remaining two categories one should possess a Master Degree as prescribed in the notification. Now let us discuss in detail regarding Officers in Gr B – General.

Exam Pattern:

Exam for RBI Grade B officers has three stages namely Phase- 1, Phase -2 and Interview. Only Phase - 2 marks are considered to give a call for an interview.

Phase-1

1. General Awareness - 80 Questions
2. Reasoning - 60 Questions
3. English - 30 Questions
4. Quantitative Aptitude - 30 Questions
A composite time of 120 minutes given for Phase-1 Exam

Phase-2

Name of the paper	Type of the paper	Time	Marks
Paper-1 Economic and social issues	Objective	90 Minutes	100
Paper-2 English (Writing Skills)	Descriptive to be typed with the help of keyboard	90 Minutes	100
Paper-3 Finance and Management	Objective	90 Minutes	100

Paper-1 Economic and Social Issues

Dynamic portion

Notifications and circulars by RBI
Current affairs
Government schemes

Note: In RBI Grade B 2017, 69% of the questions were asked from the dynamic portion. Download ESI Paper of PDF 2017.

Team BankExamsToday makes a monthly capsule for RBI Grade B exam. In this capsule, we summarise all dynamic portion of ESI papers. This capsule is available for free and we call it RBI Grade B GK Digest.

Download RBI Grade B Monthly GK Digest for January 2018.

=> Link to latest RBI Grade B General Awareness Digests

Economics

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 favour of the underprivileged
Social Movements
Indian Political System
Human Development
Social Sectors in India, Health and Education

Paper- 2 English (Writing Skills)

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

Paper -3 Finance and Management

(I) Finance

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.

Financial Markets

Primary and Secondary Markets (Forex, Money, Bond, Equity,etc.), functions, instruments, recent developments.

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, PublicPrivate 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:

Management: Its nature and scope

The Management Processes
Planning, Organisation, Staffing, Directing and Controlling
The Role of a Manager in an Organisation.

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.

Let us now discuss the preparation strategy and books to be followed for Paper-3.

One should have a vast knowledge of various concepts and should follow the latest happenings across the country in Social, Political, Economical, Legal and Technological aspects. In general, 60% weight is given to finance and 40% weight is given to management.
Also, focus on the numerical problems asked from the finance. Even though questions asked are of basic level it differs the aspirant's chances of selection. If one is not comfortable with the numerical then focus more on management and theory part of the Finance( This is for the candidates who started preparation after having look of phase-1 result). But at this level of competition, I recommend not to skip or leave any topic, plan and prepare a step before but do not start your preparation at the edge of a moment. But the numerical play very important role in selection doesn't neglect them.

Books List:

Please do remember all these Textbooks are for those aspirants who have ample time, strategy and good motivation to prepare but not for one-day batting. And for the aspirants who start their preparation after prelims result where they will get hardly 20 days to crack the exam, I suggest them at this cut-throat situation you better follow any good blog like ours which provides a good compiled material in the examination point of view.

RBI Grade B Course 2018

Reserve Bank of India is one of the most reputed and recognised institutions of Indian Financial System. Getting recruited in RBI is always a dream come true and many students keep an eye only on RBI Grade B exam and prepare for it day and night. This exam is not everyone's cup of tea because the syllabus and exam pattern is quite different from other recruitment exams.

Join Here

Financial Management: Author- I M Pandey

Publication:- Vikas Publishing House.
This book also has good numerals even though it is a bulky book but, knowing all the concepts gives you an edge over the others.

Principles of Management : P C Tripathi and P N Reddy

Publication: Mc Graw Hill
This is a good book for management to understand the basic concepts of management.

Indian Financial System: author- Bharati Pathak

Publication: Pearson.
This is a very good book to understand the finance and banking concepts. It covers the concepts in-depth.