Finance Syllabus

RBI Grade B Phase 2 Paper 3 is the Finance & Management (FM) paper. For the purpose of simplicity, we have provided the Finance and Management Details separately. The key topics from the Finance syllabus are listed below:

Financial System

• Structure and Functions of Financial Institutions  
• Functions of Reserve Bank of India  
• Banking System in India – Structure and Developments, Financial Institutions – SIDBI, EXIM Bank, NABARD, NHB, NaBFID etc.  
• Recent Developments in Global Financial System and its impact on Indian Financial System  
• Role of Information Technology in Banking and Finance  
• Non-Banking System  
• Developments in Digital Payment 

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

• General Topics Syllabus
• Risk Management in Banking Sector
• Basics of Derivatives
• Global financial markets and International Banking – broad trends and latest developments.
• Financial Inclusion
• Alternate source of finance, private and social cost-benefit, Public-Private Partnership
• Corporate Governance in Banking Sector, the role of e-governance in addressing issues of corruption and inefficiency in the government sector.
• The Union Budget – Concepts, approach, and broad trends
• Basics of Accounting and Financial Statements – Balance Sheet, Profit and Loss, Cash Flow Statements, Ratio Analysis (such as Debt to Equity, Debtor Days, Creditor Days, Inventory Turnover, Return on Assets, Return on Equity, etc.) 
• Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI – components and trends; striking a balance between inflation and growth through monetary and fiscal policies.
• FinTech

Finance & Management Books for Rbi Grade B exam 

• Finance And Management For RBI, NABARD And Other Competitive Exam by Heed Editorial Board 
• FINANCE & MANAGEMENT FOR RBI by I.C Dhingra
• RBI Grade B Officer's Phase 2 (Mains) Exam 2023 (English Edition) - 16 Mock Tests (Paper I and III) (1000 Solved Objective Questions) with Free Access to Online Test by EduGorilla Prep Experts 
• Guide to RBI Grade B Officers Phase I Exam with Previous Year Questions - 6th Edition | Phase II Past Description Questions | by Disha Experts 
• Best 3000 Practice Questions RBI Grade B Officer's Phase 1 Exam Book 2023 | 8 Previous Year Question Paper (PYQ) + 7 Mock Tests | Solved Paper | Online Exam | RBI Competitive Exams Books By S. Chand's by ixambee

Strategy for the RBI Grade B Mains Exam
Finance & Management: Strengthen your understanding of financial and management concepts using standard finance and management textbooks. Focus on financial markets, corporate governance, and strategic management. Stay informed about recent developments in the financial sector and regulatory changes introduced by the Reserve Bank of India. Solve numerical problems related to financial calculations and ratios to enhance your quantitative skills, which are often assessed in the Finance & Management section of the RBI Grade B exam.