Detail

Complete detail of Rbi Grade B - Phase II


RBI Grade B exam is conducted for recruitment of Grade B Officers in the Reserve Bank of India. The candidates who will qualify for the RBI Grade B Phase -1 will be eligible to appear for the RBI Grade B Mains Exam.


Exam Pattern

Latest exam pattern of Rbi Grade B - Phase II


RBI Grade B Mains Exam Pattern

Mains exam has a total mark of 300. The mains (Phase-II) examination is consists of 2 papers (Paper-I +Paper-II +Paper-III). Candidates are required to appear for all shifts. Separate Admission Letters will be issued for each shift. The Phase-II online Examination will be conducted on April 1, 2021 only for the candidates who are shortlisted on the basis of results of Phase-I and based on the cut-off decided by the Board. The Phase-II examination will be in shifts. Candidates are required to appear for all shifts.

S So Sections / Subjects Paper Type Maximum Marks Duration (minutes)
1. Paper I: Economics and Social Issues 50% Objective Type, 50% Descriptive (to be typed with the help of the keyboard) 50
50

Total-100

30
90

Total-120

2. Paper II: English (Writing Skills) Descriptive (3 questions) 100 90 minutes
3. Paper III: Finance and Management 50% Objective Type and 50% Descriptive 50
50

Total-100

30
90

Total-120


Syllabus

In depth syllabus of Rbi Grade B - Phase II


RBI Grade B Syllabus (Phase 2)

The RBI Grade B Syllabus will test the candidates in the following areas:

  1. Economic and Social Sciences
  2. Finance & Management
  3. English

The questions asked in this phase will be both Objective and Subjective. The detailed breakdown of the topics are given in the table below:

Economic and Social Sciences:

Growth and development

  • Measurement of Growth- National Income and per capita income
  • Poverty alleviation and employment generation in India
  • Sustainable development and environmental issues

Globalisation

  • Opening up of the Indian Economy- Balance of Payment
  • Export and import policy
  • International Economic Institutions
  • IMF and World Bank
  • WTO
  • Regional Economic cooperation
  • International economic issues

Indian Economy

  • Economic History of India and the changes in the labour and industry policy, Fiscal and monetary policy reforms of 1991
  • Economic survey and Union budget
  • Indian money and financial markets: Linkage with the economy
  • Role of the Indian banks and reserve bank in the development process
  • Public finance
  • Political economy
  • Industrial Developments in India
  • Service sector in India
  • Indian agriculture.

Social structure in India

  • Multiculturalism
  • Urbanisation and migration
  • Demographic trends
  • Social justice: Positive discrimination in favour of underprivileged
  • Gender issues
  • Social movements
  • Indian political system
  • Social sectors in India, Education and Health
  • Human development

Finance & Management:

Financial System

  • Regulators of Banks and Financial Institutions
  • Banking System in India – Financial Institutions – SIDBI, EXIM Bank, NABARD, NHB, etc, Structure and concerns, Changing landscape of banking sector.
  • Reserve Bank of India- functions and conduct monetary policy
  • Impact of the Global Financial Crisis of 2007-08 and the Indian response

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
  • Financial Inclusion
  • Alternate source of finance, private and social cost-benefit, Public-Private Partnership
  • The Union Budget – Concepts, approach and broad trends
  • FinTech
  • Global financial markets and International Banking – broad trends and latest developments.
  • Corporate Governance in Banking Sector, the role of e-governance in addressing issues of corruption and inefficiency in the government sector.
  • Inflation: Definition, estimates, trends, consequences, and remedies (control): WPI, CPI - components and trends; striking a balance between inflation and growth through monetary and fiscal policies.

Management

  • Fundamentals of Management and Organisational Behaviour:
    • Introduction to management;
    • Evolution of management thought: Scientific, Administrative,
    • Human Relations and Systems approach to management;
    • Management functions and Managerial roles;
    • Nudge theory
    • Big five model of personality
    • Meaning & concept of organizational behaviour
    • Maslow’s need theory, Alderfers’ ERG theory, McCllelands’ theory of needs, Herzberg’s two-factor theory
    • Perception: concept, perceptual error
    • Process theories (Adams equity theory, Vroom's expectancy theory)
    • Theories (Trait, Behavioural, Contingency, Charismatic, Transactional and Transformational Leadership; Emotional Intelligence: Concept, Importance, Dimensions
    • Analysis of Interpersonal Relationship: Transactional Analysis
    • Conflict: Concept, Sources, Reserve Bank of India Services Board, Mumbai Advt. No. 1 A /2020-21 24 Types, Management of Conflict
    • Organizational Change: Concept, Kurt Lewin Theory of Change
    • Theories of Planned Change (Lewin’s change model, Action research model, Positive model)
    • Organizational Development (OD): Organisational Change, Strategies for Change
  • Ethics at the Workplace and Corporate Governance:
    • Meaning of ethics, why ethical problems occur in business.
    • Theories of ethics
    • An alternative to moral principles: virtue ethics, teleological theories, egoism theory, relativism theory,
    • Ethical Principles in Business: introduction, Organization Structure and Ethics, Role of Board of Directors,
    • Utilitarianism: weighing social cost and benefits, Justice and fairness, Rights and duties, ethics of care, integrating utility,
    • Best Practices in Ethics Programme, Code of Ethics, Code of Conduct,
    • Moral issues in business: Ethics in Compliance, Finance, Human Resources, Marketing, etc.
    • Communication: Steps in the Communication Process;
    • Oral versus Written Communication;
    • Communication Channels;
    • Verbal versus non-verbal Communication;
    • Barriers to Communication,
    • Upward, downward and lateral communication;
    • Role of Information Technology.

English:

This paper is framed in such a manner that the writing skill in English, that consists of expression and the understanding of the topic.