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RBI Grade B 2023: Notification, Exam Date, Syllabus

 RBI Grade B 2023: How to Prepare RBI Grade B 2023, RBI Grade B Exam Pattern, Syllabus, Previous Year Cut off, Books and Study Plan. 

RBI Grade B 2023 Simplified

RBI Grade B 2023 Notification expected soon and exam will be held on 9th July 2023 and Mains will be conducted on 30th July 2023. Through this Article, we are simplifying the whole RBI Grade B Exam Process including RBI Grade B Exam Pattern, Syllabus, Previous Year Cut off, Books and Study Plan. Read the whole Article you will understand each and everything.

RBI Grade B 2023 Notification and Exam Date: RBI Grade B 2023 notification has been released in Newspaper for 222 Posts and exams will be conducted in the month of July 2023. 

RBI Grade B 2023 Notification

RBI Grade B 2023: Selection Procedure

RBI Grade B exam has three phases namely,

  • Phase 1: Prelims,
  • Phase 2: Mains, and
  • Phase 3: Interview round

Candidates are required to clear all three phases to get a confirmed post as a Grade B Officer in the Reserve Bank of India. The Final merit list will be based on candidates’ performance in the main exam and interview round.

RBI Grade B Exam Pattern (General) for Phase - I 2023

RBI Grade B Phase I is the primary screening process and hence, the score will not be added for the RBI Grade B Selection process. In the phase I exam, the aspirants have to answer objective-type questions. The exam will be conducted online.

Sections

Number of questions

Maximum marks

Allocated Time

General Awareness

80

80

25 minutes

English Language

30

30

25 minutes

Quantitative Aptitude

30

30

25 minutes

Reasoning

60

60

45 minutes

Total

200

200

120 minutes


RBI Grade B Exam Pattern for Phase-II 2023

The Phase-II exam is an objective and descriptive type of online exam. The obtained score from this phase will be added for the RBI Grade B Final selection process. More precisely, the final RBI Grade B Cutoff will be prepared based on Phase-II and the interview score.

Name of Paper

Type of the Paper

Number of Questions

Time Duration

Maximum Marks

Paper–I Economic & Social Issues

50% objective type 
50% Descriptive type and the answers will need to be typed with the help of a keyboard

30 Objective Questions &

6 Descriptive Questions, out of which 4 have to be answered

30 minutes (Objective)
90 minutes (Descriptive)
Total: 120 minutes

50 (Obj)
50 (Desc)
Total: 100

Paper-II: English – Writing Skills

Descriptive Typing and the answers will need to be typed with the help of a keyboard

3 (Descriptive)

90 minutes

100

Paper -III Finance and Management

50% objective type
50% Descriptive type and the answers will need to be typed with the help of a keyboard

30 Objective Questions &

6 Descriptive Questions, out of which 4 have to be answered

30 minutes (Objective)
90 minutes (Descriptive)
Total: 120 minutes

50 (Obj)
50 (Desc)
Total: 100

RBI Grade B Exam Pattern: Interview (Phase-III)

  • Based on the aggregate score obtained in the Main exam (Paper-I +Paper-II +Paper-III), candidates will be invited for the interview round.
  • RBI will decide the minimum cut-off which must be cleared by candidates in order to be shortlisted for the Interview round.
  • Reserve Bank of India will publish the RBI Grade B result in a PDF format containing the roll number of candidates shortlisted for the interview.
  • Candidates will receive interview call letters on their registered email ID.
  • RBI Grade B Interview round will be 75 marks.
  • Candidates can choose the medium for interview amongst Hindi or English languages.
  • Final Selection will be based on the candidate's performance in the Phase-II examination and interview.

RBI Grade B Phase 1 Cut-off 2022

Section

Category

General

EWS

OBC

SC

ST

General Awareness

12.00

12.00

8.00

6.25

6.25

Reasoning

9.00

9.00

6.00

4.75

4.75

English Language

4.50

4.50

3.00

2.25

2.25

Quantitative Aptitude

4.50

4.50

3.00

2.25

2.25

Total

63.75

63.75

60.25

55.25

50.75


RBI Grade B Phase 1 Cut-off 2021

Section

General

EWS

OBC

SC

ST

PwBD (OH/HI/VH/MD)

General Awareness

16.00

16.00

12.00

10.25

10.25

10.25

Reasoning

12.00

12.00

9.00

7.75

7.75

7.75

English Language

6.00

6.00

4.50

3.75

3.75

3.75

Quantitative Aptitude

6.00

6.00

4.50

3.75

3.75

3.75

Total

66.75

66.75

63.75

53.50

52.75

52.75

 

RBI Grade B 2020 Cut-off Phase I

There was no exam conducted by RBI for Grade B Post due to Covid-19.

RBI Grade B 2019 Cut-off Phase I

Category

General Awareness (Total Marks = 80)

Reasoning (Total Marks = 60)

English Language (Total Marks = 30)

Quantitative Aptitude (Total Marks = 30)

Total Marks/ Aggregate = 200

General/ UR/ EWS

20.00

15.00

7.50

7.50

122.00

SC

14.25

10.75

5.25

5.25

108.00

ST

14.25

10.75

5.25

5.25

108.00

OBC

16.00

12.00

6.00

6.00

115.50

PWD (OH/ VH/ HI/ MD)

14.25

10.75

5.25

5.25

108.00

RBI Grade B 2018 Cut-off Phase I

Category

General Awareness (Total Marks = 80)

Reasoning (Total Marks = 60)

English Language (Total Marks = 30)

Quantitative Aptitude (Total Marks = 30)

Total Marks/ Aggregate = 200

General/ UR/ EWS

20.00

15.00

7.50

7.50

105.75

SC

14.25

10.75

5.25

5.25

91.75

ST

14.25

10.75

5.25

5.25

91.75

OBC

16.00

12.00

6.00

6.00

95.75

PWD (OH/ VH/ HI/ MD)

14.25

10.75

5.25

5.25

91.75

RBI Grade B 2021 Cut-off Phase II and Final Cut off

RBI Grade B 2021 Cut-off Phase II and Final Cut off

RBI Grade B 2019 Cut-off Phase II and Final Cut off

CUT-OFF MARKS DECIDED BY THE BOARD AT VARIOUS STAGES OF THE RECRUITMENT PROCESS:  

RECRUITMENT STAGE

Category

GENERAL

OBC

SC

ST

EWS

Pw BD

AGGREGATE CUT – OFF MARKS IN PAPER- I, PAPER II AND PAPER- III (OUT OF TOTAL 300 MARKS).

193.25

188.00

172.25

172.25

193.25

172.25 ( HI, LD, MD) 176.75 (VI)

AGGREGATE MARKS IN WRITTEN EXAMINATION (PAPER- I, II AND III) AND INTERVIEW TAKEN TOGETHER (OUT OF TOTAL 350 MARKS)

238.25

215.50

206.50

194.00

197.00

Gen 215.75 OBC 194.75

RBI Grade B 2023: Prelim Exam Syllabus

Reasoning Ability

Quantitative Aptitude

English Language

Seating Arrangement - Linear, Circular, Rectangular, Parallel, Uncertain, some facing Inside Out and Some facing North-South

 

Puzzle: Floor and Flat, Box, Scheduling (Days, Months, Year based), Category Based, Ranking Based, Blood Relation based, comparison based, Designation based

 

Critical Reasoning: Argument – strengthening and wakening, Course of Action, Cause-Effect, Inference and Implicit based Questions.

 

Other Topics: Syllogism and Reverse Syllogism, Input-Output, New Pattern Coding Decoding, Coded Inequality, Blood Relation, Direction Sense

Data Interpretation: Line, Bar, Pie, Table, Mixed, Missing Graphs and Caselets (Paragraph based DI)

 

Data Sufficiency

 

Calculation Based: Approximation, Number Series (Next, Wrong, Missing and Double series), Quadratic Equation, Quantitative Inequality

 

Arithmetic: Average, Ratio-Proportion, Profit and Loss, Percentage, Partnership, Mixture and Allegation, Time and Work, Time and Distance, Permutation and Combination and Probability etc;

Reading Comprehension

 

Cloze Test

 

Para Jumble (Old and New Pattern)

 

Sentence Completion (Table Based)

 

Sentence Improvement

 

Sentence Connector

 

Vocabulary and Idioms Based Questions

 

Some new pattern Questions Introduced by IBPS in recent exams.

How to Prepare General Awareness for RBI Grade B

In RBI Grade B 2021 and 2022, 60% of Phase 1 current affairs questions and almost 100% of Phase 2 current affairs questions were from 4 sources

  • PIB releases 
  • RBI press release 
  • SEBI press release 
  • Reports and Indices. 

In simple terms you need to understand that GA in phase I is not GA, its basically 40-50% Economic and Social Issue and 20% Finance of RBI Grade B Phase II syllabus, same applies in NABARD Grade A as in that exam too, Economics and Social Issue, Agriculture and Rural Development, apart from General Awareness contains many questions from above four sections. These are high "Return on investment" (ROI) current affairs.  

Read About GA Preparation In DetailClick Here

RBI Grade B 2023 Syllabus: Economics and Social Issue

Units and Sections

Topics under Units and Sections

 

 Growth and Development

  • Measurement of growth - GDP, GNP, NDP, NNP
  • National Income and per capita income
  • Poverty Alleviation and Employment Generation in India
  • Sustainable Development and Environmental issues

 

 

 

 

Indian Economy

  • Economic History of India
  • Changes in Industrial and Labour Policy,
  • Monetary and Fiscal Policy
  • Economic reforms Since 1991
  • Indian Money and Financial Markets: Linkages with the economy
  • Role of Indian banks and Reserve Bank in the development process
  • Public Finance
  • Political Economy
  • Industrial Developments in India
  • Indian Agriculture
  • Services sector in India

Budget and Economic Survey

  • Recommendation of Latest Budget and Economic Survey of India

 

 

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
  • International Economic Issues

 

 

 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

RBI Grade B 2023 Syllabus: Finance

Units and Sections

Topics under Units and Sections

RBI and Its Functions

  • Reserve Bank of India- Functions and conduct of monetary policy

Regulators of Financial Sector and All India Financial Institution

  • Regulators of Banks and Financial Institutions: RBI, SEBI, IRDAI, PFRDA, IBBI, NFRA, IFSCA, NCLT, SAT
  • All India Financial Institution: NHBs, EXIM Bank, NABARD, NaBDFI, SIDBI

Banking System in India

  • Structure and concerns

Financial Markets

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

General Topics

  • Impact of the Global Financial Crisis of 2007-08 and the Indian response
  • Risk Management in Banking Sector
  • Basics of Derivatives
  • Financial Inclusion
  • Alternate source of finance: private and social cost-benefit, Public-Private Partnership
  • Corporate Governance in Banking Sector
  • Role of e-governance in addressing issues of corruption and inefficiency in the government sector
  • FinTech
  • WPI, CPI - components and trends

Current Affairs Based Topics

  • RBI Annual Report, Report on Trend and Progress of Banking in India, etc.
  • Material sourced from RBI website - Speech, Notification, Circulars and MPC Details etc
  • Global financial markets and International Banking – broad trends and latest developments
  • Changing landscape of banking sector
  • The Union Budget – Concepts, approach and broad trends

RBI Grade B 2023 Syllabus: Management, Ethics and Corporate Governance

Units and Sections

Topics under Units and Sections

Introduction to management

  • Evolution of management thought: Scientific, Administrative, Human Relations and Systems approach to management
  • Management functions and Managerial roles
  • Nudge theory

Meaning & concept of organizational behaviour

  • Personality: meaning, factors affecting personality, Big five model of personality
  • Concept of reinforcement
  • Perception: concept, perceptual errors

Motivation

  • Concept, Importance
  • Content theories (Maslow’s need theory, Alderfers’ ERG theory, McCllelands’ theory of needs, Herzberg’s two factor theory) &
  • Process theories (Adams equity theory, Vrooms expectancy theory).

Leadership

  • Concept and Importance
  • Theories - Trait, Behavioral, Contingency, Charismatic, Transactional and Transformational Leadership

Organization and Organization Development

  • Emotional Intelligence: Concept, Importance, Dimensions
  • Analysis of Interpersonal Relationship: Transactional Analysis, Johari Window
  • Conflict: Concept, Sources, Types, Management of Conflict
  • Organizational Change: Concept, Kurt Lewin Theory of Change
  • Organizational Development (OD): Organizational Change, Strategies for Change, Theories of Planned Change (Lewin’s change model, Action research model, Positive model)

 

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

Ethics

  • Meaning of ethics, why ethical problems occur in business
  • Theories of ethics
  • Utilitarianism: weighing social cost and benefits, Rights and duties, Justice and fairness, ethics of care, integrating utility, rights, justice and caring
  • An alternative to moral principles: virtue ethics, teleological theories, egoism theory, relativism theory
  • Moral issues in business: Ethics in Compliance, Finance, Human Resources, Marketing, etc.
  • Ethical Principles in Business: introduction, Organization Structure and Ethics, Role of Board of Directors, Best Practices in Ethics Programme, Code of Ethics, Code of Conduct, etc.

Corporate Governance

  • Factors affecting Corporate Governance; Mechanisms of Corporate Governance

What changes must be brought in the RBI grade B preparation after the new pattern?

Change in Mindset – It is no more a 3-month preparation examination. It is a job at the Central Bank, it is a serious business. However, some commentators previous termed it as 3–6-month preparation examination. Start with your graduation or as early as possible.

Study in detail – Since the examination is no more a guess work anymore, you need to start studying in detail. you need to know details like facts, numbers and also reasons and history of any particular news items. While studying any news or related item make short pointers Importance, Reason, Advantages, Consequences, Challenges, Steps from Govt in this direction and what can be the possible way forward. It helps in building opinions and revision.

Develop reading habit – For this, follow quality websites like the Business Line, Business Standard, Live Mint, centralbanking.com, and also read some books not related to your preparation but related to Indian banking/finance industry. It helps in developing interest around the job you are aspiring. Plus, only if you are a good reader then only you can be a good writer.

Typing Answer or Articles – Start writing or rather typing. You need to match your thinking speed with your tying speed (Yeah, it important). This can only happen if you practice. Many of the youngsters are not used to keyboard typing and this can negatively impact their chances. Another reason for typing is to test yourself.

  • Don’t keep it pending for the last three months, or to get “right topics” to answer. You shall start it “right now”, start writing summaries or critical analysis of anything you get on the internet/newspaper. It will only and only improve your ability to tackle questions “which you haven’t studied” in the exam.
  • Don’t really wait for the assessment of your written answers from experts or coaching centers, use your friends, put it in telegram groups for open assessment. Accept the criticism and build on it.

Profile building – If you are sitting at home and doing nothing except preparation. It would be better to do any online course.

Courses - You should join online course only when you have made significant progress in your preparation and you have clarity about or are in ‘revision only’ mode.

What are the Books and Study Materials needed for Phase I

SubjectsBooks
English Language
  • Ace English Language Book by Adda247 or English Simplified by Oliveboard.
  • Do more reading in English, if you are weak in this section
  • Sectional Mock test and Practice Quiz can also help.
Reasoning Ability
  • Puzzle by Ankush Lamba, Puneet Sharma and Puzzle Book by Oliveboard
  • Use the YouTube videos of above educators to learn concepts.
  • Attempt Sectional and Full Length Mock Test after learning basics of doing practice.
Quantitative Aptitude
  • Data Interpretation Book by Adda247 or Oliveboard
  • Quant Check List and Monthly magazine by Ashish Arora, freely available on his telegram channel.

Books and Study Materials for RBI Grade B Phase II
  • Economics - Indian Economy by Vivek Singh
  • Finance - M Y Khan and RBI FAQ
  • Management - L M Prasad,  Summary Sheet or Master Notes and Search Topics like Emotional Intelligence, Organization  on Google 
  • Ethics and Corporate Governance - Summary Sheet or Master Notes and Search Google to make notes.
Apart from these you don't need anything, your motto should be limited source and unlimited revision.

RBI Grade B : Chapters from Indian Economy by Vivek Singh

  • Fundamental of Macroeconomy
  • Money and Banking (Finance Syllabus)
  • Money and Banking Part - II (Finance Syllabus)
  • Government Budgeting (Union Budget)
  • Indian Economy (1947-91) - Few Topics like Economics reforms need to be covered
  • Inclusive Growth and Issues
  • International Organization
  • Infrastructure and Investment Model (Finance)
  • Terminology
Download this Article in PDF: RBI Grade B 2023 Simplified PDF


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