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The Reserve Bank of India (RBI) is going to conduct the RBI Grade B 2024 phase 2 Exam on 19th October 2024 for the (DR) General posts. The candidates who are going to appear in the mains examination must be familiar with the RBI Grade B Syllabus 2024 and can keep a check on their preparation.
This article covers the RBI Grade B Syllabus and Exam Pattern for both Phase 1 and Phase 2, along with the specific syllabus for General, DEPR, and DSIM posts. The candidates who are preparing currently and will be appearing in the next exam cycle can also download the RBI Grade B Syllabus 2024 PDF from the direct link available here.
RBI Grade B Syllabus 2024
The RBI Grade B Syllabus for 2024 has been officially released along with the exam notification. Here’s a comprehensive breakdown of the syllabus for both Phase 1 and Phase 2 exams, covering the General (DR), DSIM, and DEPR posts. Understanding the RBI Grade B Syllabus is crucial for knowing what to expect as you begin your exam preparation.
The candidates need to get familiar with the syllabus and exam pattern to understand what are the subjects and topics they need to cover for the prelims and mains examination. The prelims examination is now over, hence, the candidates who qualified must focus on the Phase 2 syllabus.
RBI Grade B Syllabus & Exam Pattern
Get familiar with the RBI Grade Syllabus 2024 and Exam Pattern before appearing in the examination. The candidates must cover all the subjects to excel in the examination and understand the examination structure. The table given below discusses the highlights of the details of syllabus and recruitment process.
RBI Grade B Syllabus 2024 | |
Exam Name | RBI Grade B |
Name of Authority | Reserve Bank of India |
Post | Grade B |
Vacancy | 94 |
Category | Syllabus |
Detailed Notification | 25th July 2024 |
RBI Grade B Selection Process |
|
Application Mode | Online |
Examination Language | English |
Job Location | PAN Indian |
Official Website | rbi.org.in |
RBI Grade B Selection Process 2024
The RBI Grade B selection process 2024 includes multiple stages, each stage evaluates different aspects of a candidate’s knowledge and skills. The selection process for each post is shared below in the table:
RBI Grade B Selection Process 2024 | |
Position | Selection Stages |
RBI Grade B DR (General) |
Prelims, Mains, and Interview
|
RBI Grade B DEPR |
Online/Written Examination and Interview
|
RBI Grade B DSIM |
Online/Written Examination and Interview
|
RBI Grade B Exam Pattern 2024
The questions asked in the RBI Garde B Phase 1 Exam are only Objective (MCQ type) whereas in the Phase 2 Exam, it is both Descriptive and Objective type. Both phases will be conducted online in a computer-based manner which means the candidates have to type the answer on their assigned computer screen. Get the details of the Phase 1 and Phase 2 RBI Grade B Exam Pattern 2024.
RBI Grade B Exam Pattern 2024 | |
RBI Grade B Syllabus | Phase 1 & 2 |
RBI Grade B Phase 1 Questions Type | MCQs |
RBI Grade B Phase 2 Questions Type | Both MCQ & Descriptive Type |
RBI Grade B Phase 2 Exam Mode | Online |
RBI Grade B Phase 1 Exam Pattern | 200 Marks (GA, Reasoning, English, Quantitative Aptitude) |
RBI Grade B Phase 2 Exam Pattern | 3 Papers (Subject as per the Post) (300 Marks) |
Negative Marking | 1/4th mark |
RBI Grade B Phase 1 Exam Pattern 2024 for General (DR)
The major sections according to the RBI Grade B Syllabus 2024 from which the questions are asked are Reasoning, Quantitative Aptitude, General Awareness, Economics, Statistics, and English Language. The RBI Grade B 2024 exam has both Phase 1 and Phase 2 exams, the RBI Grade B Prelims Syllabus 2024 of both levels is different from each other. Go through the RBI Grade B Exam Pattern for Phases 1 and 2 below.
- The Phase Exam will be a computer-based test and there shall be 4 sections as mentioned above.
- The total number of questions is 200 and each question carries 1 mark.
- There is a sectional timing in the Exam and the total duration is 2 hours.
- Candidates are required to secure sectional cut-offs, along with the overall cut-off, to be able to clear the exam.
- Also, there is a negative marking of 1/4th for each wrong answer marked by the candidate.
- The questions shall be MCQ type and the exam mode is Online computer-based.
- Candidates are required to secure a sectional cut-off to pass the Phase 1 Exam.
RBI Grade B Phase 1 Exam Pattern | |||
Subject | Questions | Marks | Duration |
General Awareness | 80 | 80 | 25 Mins |
Reasoning | 60 | 60 | 45 Mins |
English | 30 | 30 | 25 Mins |
Quantitative Aptitude | 30 | 30 | 25 Mins |
Total | 200 | 200 | 2 Hours |
RBI Grade B Phase 1 Syllabus for General (DR)
The RBI Grade B Syllabus 2024 for General (DR) Phase 1 of four sections is given in the table below. The four sections are:
- Reasoning
- Quantitative Aptitude
- General Awareness
- English Language
RBI Grade B Syllabus 2024 General (DR) Phase 1 | |
Subject | Topics |
Reasoning |
|
Quantitative Aptitude |
|
English Language |
|
General Awareness |
|
RBI Grade B Phase 2 Exam Pattern for General (DR)
The RBI Grade B Phase 2 Exam Pattern details for the General are given below. It consists of subjects including Economics and Social Issues, English Writing, and General Finance, Management & Ethics.
- Those who qualify for the Phase 1 Exam, will appear for the Phase 2 Exam.
- In Papers I & III, the paper is divided into 2 sections of equal marks. One section comprises MCQ-type questions and the other is a Descriptive type of Questions. The descriptive questions will be typed through the keyboard.
- In the Objective part, there shall be 30 questions for 50 marks.
- In the descriptive part, there shall be 6 questions, out of which candidates are required to attempt 4 questions for 15 marks each.
- Generally, the descriptive questions that are asked are simple.
RBI Grade B Phase 2 Exam Pattern for General Post | |||
Paper | Format | Duration | Marks |
Paper-I: Economic & Social Issues | Objective (50%) | 30 Minutes | 50 |
Descriptive (50%) | 90 Minutes | 50 | |
Paper-II: English (Writing Skills) 3 Questions | Descriptive | 90 Minutes | 100 |
Paper III: Finance, Management, and Ethics | Objective (50%) | 30 Minutes | 50 |
Descriptive (50%) | 90 Minutes | 50 |
RBI Grade B Phase 2 Syllabus for General (DR)
The RBI Grade B Syllabus for General (DR) Phase 2 of three sections is given in the table below. The three sections are:
- Economic and Social Issues (Paper 1)
- English Descriptive (Paper 2)
- Finance and Management (Paper 3)
RBI Grade B Syllabus for General (DR) Phase 2 | ||
Paper | Topics | Sub-topics |
Paper 1: 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, Environmental issues.
|
Indian Economy |
Economic History of India, Changes in Industrial and Labour Policy, Monetary and Fiscal Policy since reforms of 1991, Priorities and Recommendations of Economic Survey and Union Budget, Indian Money and Financial Markets: Linkages with the Economy, Role of Indian Banks and RBI in development, Public Finance, Political Economy, Industrial Developments in India, Indian Agriculture, Services sector.
|
|
Globalization |
Opening up of the Indian Economy, Balance of Payments, Export-Import Policy, International Economic Institutions: IMF, World Bank, WTO, Regional Economic Co-operation, International Economic Issues.
|
|
Social Structure in India |
Multiculturalism, Demographic Trends, Urbanization and Migration, Gender Issues, Social Justice.
|
|
Paper 2: English Writing Skills | Writing Skills |
English paper to assess writing skills, expression, and understanding of the topic.
|
Paper 3: Finance and Management | Financial System |
Structure and Functions of Financial Institutions, Functions of RBI, Banking System in India, Financial Institutions (SIDBI, EXIM Bank, NABARD, NHB, NABFID), Global Financial System and its impact on India, Information Technology in Banking, Non-Banking System, Digital Payments.
|
Financial Markets |
Primary and Secondary Markets (Forex, Money, Bond, Equity), Functions, Instruments, and recent developments.
|
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General Topics |
Financial Risk Management, Basics of Derivatives, Global financial markets and International Banking, Financial Inclusion, Alternative finance, Public-Private Partnership, Corporate Governance in Banking, Union Budget, Accounting Basics, Inflation and its management, Monetary and Fiscal policies.
|
|
Fundamentals of Management and Organizational Behaviour |
Introduction to Management, Evolution of Management Thought (Scientific, Administrative, Human Relations), Systems Approach to Management, Managerial Roles, Nudge Theory, Personality (Big Five model), Reinforcement, Perception, Motivation (Maslow, Alderfer, McClleland, Herzberg), Leadership (Trait, Behavioural, Contingency, Charismatic, Transactional, Transformational), Emotional Intelligence, Interpersonal Relationship (Transactional Analysis, Johari Window), Conflict Management, Organizational Change, Organizational Development, Ethics at the Workplace.
|
|
Corporate Governance |
Meaning of ethics, Ethical problems in business, Theories of ethics (Utilitarianism, Rights and duties, Justice and fairness, ethics of care), Moral issues (Ethics in Compliance, Finance, HR, Marketing), Ethical Principles in Business, Role of Board of Directors, Best Practices, Code of Ethics and Conduct, Corporate Governance mechanisms.
|
|
Communication |
Communication Process, Communication Channels, Oral vs. Written, Verbal vs. Non-verbal, Communication barriers, Upward, Downward, Lateral communication, Role of Information Technology.
|
RBI Grade B DEPR Exam Pattern
This phase is for the Department of Economy and Policy Research (DEPR) post, and it doesn’t include Finance and Management subjects. Only those who secure minimum marks in Paper 1 (objective) can get their Paper 2 answers checked. The combined marks of Papers 1 and 2 and the interview will decide the selection of the candidate.
RBI Grade B DEPR Exam Pattern | |||
Phase | Paper | Duration | Marks |
Paper 1 (Objective) | Paper-I Economics | 120 Min | 100 |
Paper 2 (Descriptive) | Paper-II Economics | 180 Min | 100 |
Paper-III English | 90 Min | 100 |
RBI Grade B DEPR Syllabus 2024
As per the RBI Notification, the Standard of papers on Economics will be based on the Master’s Degree examination in Economics of any Central University. The RBI Grade B DEPR Syllabus 2024 is divided into three papers, Paper 1 is Economics objective, Paper 2 is Economics descriptive, and Paper 3 is English descriptive.
RBI Grade B DEPR Syllabus 2024 | |
Paper I: Economics (Objective) | Based on the Master’s Degree examination in Economics |
Paper-II: Economics (Descriptive) | Based on the Master’s Degree examination in Economics |
Paper III: English (Descriptive) | The English paper will be framed to assess the candidates’ writing skills, expression, and understanding of the topic |
RBI Grade B Phase 2 DSIM Post Exam Pattern
Like DEPR, candidates are required to secure minimum marks in Paper 1, Only then they will be shortlisted for Paper 2.
RBI Grade B Phase 2 DSIM Post Exam Pattern | |||
Phase | Paper | Duration | Marks |
Paper 1 (Objective) | Paper-I Statistics | 120 Min | 100 |
Paper 2 (Descriptive) | Paper-II Statistics | 180 Min | 100 |
Paper-III English | 90 Min | 100 |
RBI Grade B DSIM Syllabus 2024
RBI Grade B Syllabus 2024 for Phase 1 or Phase 2, candidates have to answer the questions on topics related to Statistics. The detailed RBI Grade B Syllabus 2024 for DSIM is given below:
DSIM Phase II Paper 1: Statistics (Objective)
Probability
- Definition of Probability
- Standard distribution
- Large and small sample theory
- Analysis of Variance
- Estimation
- Testing of Hypotheses
- Multivariate analysis
- Stochastic Processes
DSIM Phase II Paper 2: Statistics (Descriptive)
- Probability and Sampling
- Linear Models and Economic Statistics
- Statistical Inference: Estimation, Testing of hypothesis and Non-parametric Test
- Stochastic Processes
- Multivariate analysis
- Numerical Analysis and Basic Computer Techniques
DSIM Phase II Paper 3: English (Descriptive)
The English paper will be framed to assess the candidates’ writing skills, expression, and understanding of the topic
RBI Grade B Syllabus 2024 PDF
The link to download the RBI Grade B Syllabus is provided here. Candidates can download the RBI Grade B Syllabus PDF for Phase DEPR, DSIM, and General post exam. Click on the link to download the latest RBI Grade B Syllabus 2024.
RBI Grade B Interview 2024
The 3rd and final stage after Phase 1 and Phase 2 of the RBI Grade B Exam is the Interview. The interview is a Personality Test round to assess behavioral aptitude, on-the-spot decision-making, handling questions in a cool and composed manner, etc. The RBI Grade B Interview Marks is 75 and those who get selected through the Phase 2 Exam will be able to appear for this round.
After the Interview round is over, a final merit list will be published on RBI’s website mentioning the roll numbers of the candidates who are shortlisted to become Grade B Managers in RBI.
RBI Grade B 2024 Exam Language
All question papers for the RBI Grade B exam, both Phase 1 and Phase 2, will be available in both Hindi and English, except for the English Language test. This bilingual format ensures that candidates can choose their preferred language for most sections of the exam. It is important to note that the English Language test will only be available in English, requiring candidates to demonstrate their proficiency in the language.
RBI Grade B 2024 Preparation Tips
The candidates who are going to appear in the examination can go through the details of the RBI Grade B 2024 Preparation Tips. To prepare effectively for the RBI Grade B exam, candidates should focus on the following strategies:
- Practice multiple mock tests and review the previous year’s question papers to gauge the exam’s difficulty level.
- Take advantage of the free RBI Grade B Mock Test series by Adda247 available online.
- Given the exam’s negative marking and extensive syllabus, candidates should avoid guessing answers they are uncertain about.
- Efficient time management is crucial for the RBI Grade B exam; therefore, practice to increase speed while maintaining accuracy.
- Create a structured study schedule allocating equal time to each section of the bank exam.
- Thoroughly study the RBI Grade B Syllabus to identify personal strengths and weaknesses, tailoring preparation accordingly.
- Regularly revise and diligently practice to increase your chances of clearing the RBI Grade B exam on the first attempt.
RBI Grade B Important Books
Books play a crucial role in preparing for the RBI Grade B 2024 exam, alongside study notes and PDFs. They provide essential conceptual understanding and depth in exam-relevant topics. Incorporating these books into your study material is essential for thorough coverage of the RBI Grade B syllabus and for boosting your exam preparation. Below, you will find a detailed table of recommended RBI Grade B books that are highly beneficial for your study plan.
RBI Grade B Important Books | ||
Paper | Book | Author/Publisher |
---|---|---|
Economic and Social Issues | Indian Economy (latest edition) | Uma Kapila or S.K. Misra & V.k. Puri |
Growth and Development | Devraj Ray | |
Sociology | C.N. Shankar Rao | |
Public Finance | K K Andley and Sundaram | |
Newspapers including Mint, Business Line, Magazine’s/Periodicals/ Bulletins including RBI Bulletins, EPW, India Today | – | |
Reports: 1. World Development
Report 2. Economic Survey of India 3. RBI Annual Report 4. Report on Trend and Progress of Banking in India. 5. IMF: World Economic Outlook |
Devraj Ray | |
Finance | Monetary Theory and Public Policy | Kenneth Kurihara |
Economic Growth and Development | Mayer and Baldwin | |
Financial Management | Prasanna Chandra | |
International Business | Hill and Jain | |
Major financial newspapers, RBI Annual Report, Report on Trend and Progress of Banking in India, Economic Survey | – | |
Management | Management | Stephen P. Robbins & Mary Coulter |
Organizational Behavior | Robbins Stephen P and Judge T.A. Vohra | |
Human Resource Management | Dessler Gary, Warkkey Biju | |
Fundamentals of Human Resource Management | Decenzo and Robbins | |
Business Ethics- Concepts and Cases | Velasquez Manuel G | |
Business Ethics – An Indian Perspective | Fernando A.C. | |
Business Ethics | Crane Andrew & Matten Dirk | |
Business Ethics & Corporate Governance | Ghosh B N | |
Quantitative Aptitude | Fast Track Objective Arithmetic | Rajesh Verma |
Quantitative Aptitude for Competitive Exams | R.S. Agarwal | |
How to prepare for Quantitative Aptitude for CAT | Arun Sharma | |
Reasoning Ability | A Modern Approach to Verbal & Non-verbal Reasoning | R.S. Agarwal |
Analytical Reasoning | M.K.Pandey | |
How to Prepare for Logical Reasoning | Arun Sharma | |
English Language | High School Grammar and Composition | Wren & Martin |
Word Power Made Easy | Norman Lewis | |
Objective English | SP Bakshi | |
General Awareness | Banking Awareness | Arihant Experts |
Banking Awareness for SBI and IBPS Bank Clerk/PO/RBI Exams/RRB | Disha Experts |
RBI Grade B Marking Scheme
The RBI Grade B Marking Scheme for DEPR, DSIM, and General Post has been discussed in the table given below.
RBI Grade B Marking Scheme 2024 | |
Post | Marking Scheme |
General (DR) | In the Phase 1 exam, 1/4 of a mark is deducted for each wrong answer. Candidates receive one mark for each correct answer. The total score is determined by the number of correct and incorrect answers. |
DEPR |
|
DSIM |
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Time Management Strategies to Cover RBI Grade B Syllabus
The RBI Grade B Syllabus 2024 is a vast curriculum to cover within a few months, hence, the candidates need to start a year before appearing in the examination. it is important to manage your time while covering the subject-wise syllabus. Here’s how you can manage your time to cover the syllabus.
RBI Grade B Online Course
For candidates preparing for the RBI Grade B exam, enrolling in the RBI Grade B Online Course offered by Adda247 can be highly beneficial. This comprehensive course covers all the essential subjects and topics necessary for both Phase 1 and Phase 2 exams, including video lessons, study notes, practice questions, and mock tests. The course is expertly designed to provide personalized guidance, helping candidates clarify any doubts and refine their preparation strategies.
Additionally, Adda247 offers Free Mock Tests specifically tailored for the RBI Grade B exam, created by industry experts to closely match the actual exam format and content. Regular practice with these mock tests improves time management skills and enhances overall exam readiness, making them an invaluable resource for success.