RBI Grade B | Phase 2 Complete Course

RBI grade B Mains Syllabus (Phase -II)

Paper-I - Economic and social Issues

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

Paper-II -English (Writing Skills)

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

Paper-III -Finance and Management:

(I) Finance

(a) Financial System

1. Regulators of Banks and Financial Institutions
2. Reserve Bank of India- functions and conduct of monetary policy, Banking System in India, Financial Institutions – SIDBI, EXIM, NABARD, NHB, etc.

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

(c) General Topics

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

(II) Management:

1. Management: its nature and scope; The Management Processes; Planning, Organisation, Staffing, Directing and Controlling; The Role of a Manager in an Organisation.
2. Leadership: The Tasks of a Leader; Leadership Styles; Leadership Theories; A successful Leader versus an effective Leader.
3. 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.
4. Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateralcommunication; Barriers to Communication, Role of Information Technology. Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance.

The first step of a fruitful prep for this exam is to become familiar with its pattern. The recruitment of RBI Grade B officers takes place in two stages, which are followed by the interview. Let’s have a look at the RBI Grade B officer exam pattern for the initial three stages:

• Phase I examination
• Phase II examination
• Interview

RBI Grade B is one of the toughest exams in India, especially in the banking sector. Aspirants can also check details of  IAS Exam, which has some overlap with the pattern and syllabus of RBI Grade B.

Phase – I

The table below highlights the exam pattern of phase – I for the RBI Grade B Officer exam:

Phase – II

The table below highlights the exam pattern of phase – II for the RBI Grade B Officer exam:

For both Paper I and III, there will be 30 questions and 50 marks for Objective questions (some questions carrying 2 marks each and some carrying 1 mark each). In case of Descriptive questions, 6 questions will be asked, of which candidates will be required to attempt 4 questions (2 of 15 marks each (with difficulty level) and 2 of 10 marks each). In case, candidate answers more than 4 questions in descriptive, first 4 shall be evaluated.
NOTE: All question papers (in both the Phases, except the test of English) will be set bilingually in Hindi and English.

The Board reserves the right to modify the exam dates and time entirely at its discretion.