Updated Syllabus for RBI Grade B 2021

Updated Syllabus for RBI Grade B 2021

If you are looking for a banking job that offers:

  • A continuous learning
  • An equal opportunity work environment
  • A supportive HR climate
  • An attractive compensation structure

Then, RBI Grade B officer’s post is the best banking job available in India.

RBI is the main body that regulates or controls the whole banking system of India. Grade B is the highest level of recruitment for the RBI. RBI is a full service Central Bank handling a variety of functions. An exciting array of job roles are handled by the recruited officers in Grade ‘B’ depending upon their postings.

RBI Grade B Syllabus is somewhat similar to the syllabus of various other banking exams in the country. It is set by the Reserve Bank of India.

The Grade B Officer written exam is conducted in two phases, Phase-I & Phase-II.

The RBI Grade B syllabus for Phase-I comprises four sections:

  • Reasoning  Ability
  • Quantitative Aptitude
  • General Awareness 
  • English Language

RBI Grade B Phase-II exam includes three sections:

  • Economic and social sciences
  • English 
  • Finance and Management

Before you take a look at the latest syllabus prescribed by RBI for Grade B exam you must not forget that the online registration that had started on 28 January 2021 will end on 15 February 2021. There are total of three stages namely: Prelims, Mains and Interview in RBI Grade B recruitment. There is negative marking in both phases, Prelims and Mains. The syllabus is given below.

So the interested candidates should start preparing accordingly.

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RBI Grade B Syllabus 2021- RBI Grade B Syllabus (Phase 1)

The section-wise syllabus for RBI Grade B exam for the Phase-I is as follows. 

I.                    RBI Grade B Syllabus for Quantitative Aptitude:

  1. Data Interpretation
  2. Ratio and Proportion
  3. Average
  4. Time and Work
  5. Speed, Distance and Time
  6. Mixture and Allegations
  7. Percentage
  8. Permutation and Combination
  9. Probability
  10. Time, Speed and Distance
  11. Mensuration
  12. Profit, Loss and Discount
  13. Quadratic Equation
  14. Simple Interest & Compound Interest

II.                 RBI Grade B Syllabus for Reasoning Ability:

  1. Logical Reasoning
  2. Seating arrangement
  3. Data Sufficiency
  4. Alphanumeric Series
  5. Puzzle
  6. Syllogism
  7. Coding-decoding
  8. Inequalities
  9. Input – Output
  10. Blood Relation
  11. Ranking
  12. Direction and Sense
  13. Series

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III.               RBI Grade B Syllabus for English Language:

  1. Reading Comprehension
  2. Sentence Completion
  3. Sentence Correction
  4. Double Fillers
  5. Phrase/Word Replacement
  6. Vocabulary
  7. Error Spotting
  8. Passage Making
  9. Sentence Framing
  10. Jumble Words

IV.               RBI Grade B Syllabus for General Awareness:

a.       Banking & Financial Awareness

MICR, IFSC code, Clean Notes policy, Fake notes, ATM, NEFT, RTGS,  Kisan credit card, RBI functioning, Organizational structure of RBI, RBI intervention on currencies, RBI Committees, CBS, ECS, SWIFT, BankNET, Digital Signatures, Bank guarantee, Letter of Credit, Bancassurance, Banking Awareness for RBI, GDP, GNP, Purchasing Power Parity, Human Development Index, Inflation, Statutory Liquidity Ratio (SLR), Cash Reserve Ratio, Repo rate, Reverse Repo, Bank rate, Marginal Standing Facility (MSF), Liquidity Adjustment Facility (LAF), Priority Sector Lending, Non Performing Assets (NPA), Capital Adequacy Ratio, Derivatives, Futures, Currency of India, VAT, Goods and Services Tax (GST)

b.       Organizations

Banking structure of India, RBI, NABARD, Banking Ombudsman, SIDBI, EXIM Bank, Cooperative Banks, CIBIL Planning Commission, 5-year plans, Finance Commission, CRISIL, LIC, Bretton Woods, BASEL, World Bank, IBRD, IMF, SENSEX, NIFTY, Moody, S&P, Fitch.

c.       Yearbook

Acts, committees, legislation, Bank mergers, Information Technology Act, SARFAESI Act, FEMA & FERA, Tarapore Committee, Narsimhan Committees, FRBM Act, Budget Highlights, Tax ceilings, Deductions, Foreign Direct Investment, Policy changes.

d.       Current Affairs

To cover current affairs, read Pratiyogita Darpan, Chronicle, & Wizard competitive magazines, The Hindu, Economic Times & Live Mint newspapers, know about International Affairs, Indian Economy, and Indian Polity.

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RBI Grade B Syllabus for Phase 2 exam 2021

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

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

RBI Grade B General Phase 2 Exam Pattern

PaperFormatDurationMarks
Paper-I Economic & Social IssuesObjective30 Minutes50
Descriptive90 Minutes50
Paper-II English (Writing Skills) 3 QuestionsDescriptive90 Minutes100
Paper-III Finance and ManagementObjective30 Minutes50
Descriptiveinutes50

Note:

  • Paper 1 & 3 will be held in both Objective & Descriptive formats. Paper 2 will only be held in Descriptive format. The time duration for Paper 1 and Paper 3 is going to be of 120 minutes and for Paper 2, 90 minutes. In Objective Test for Paper 1 & 3, there will be 30 MCQs for 50 marks wherein a few questions will carry 2 marks and some will be of 1 mark.

In Descriptive Test for Paper 1 & 3, a total of 6 questions will be there. Candidates need to attempt 4 questions only from it (2 of 15 marks & 2 of 10 marks). Candidates who will be able to secure Cut Off marks in Phase II exam will be shortlisted for the RBI Grade B Interview 2021.

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RBI Grade B Phase II Syllabus

The questions set in phase II exam will be both Objective and Subjective. The detailed breakdown of the topics that are touched in the exam is given below:

Paper-1. Economic and Social Issues:

  1. Growth and Development
  2. Measurement of growth
  3. National Income and per capita income
  4. Poverty Alleviation and Employment Generation in India
  5. Sustainable Development and Environmental issues
  6. Indian Economy
  7. Economic History of India
  8. Changes in Industrial and Labour Policy
  9. Monetary and Fiscal Policy since reforms of 1991
  10. Priorities and recommendations of Economic Survey and Union Budget
  11. Indian Money and Financial Markets: Linkages with the economy
  12. Role of Indian banks and Reserve Bank in the development process
  13. Public Finance
  14. Political Economy
  15. Industrial Developments in India
  16. Indian Agriculture
  17. Services sector in India
  18. Globalization
  19. Opening up of the Indian Economy
  20. Balance of Payments
  21. Export-Import Policy
  22. International Economic Institutions – IMF, World Bank, WTO, Regional Economic Co- operation
  23. International Economic Issues
  24. Social Structure in India
  25. Multiculturalism
  26. Demographic Trends
  27. Urbanisation and Migration
  28. Gender Issues
  29. Social Justice: Positive Discrimination in favour of the under privileged
  30. Social Movements
  31. Indian Political System
  32. Human Development
  33. Social Sectors in India
  34. Health and Education

Paper-II: English (Writing Skills)

  • The paper will be framed to assess the writing skills of candidates including the expression and understanding of the topic.

Paper III: Finance and Management

  1. Financial System
  2. Regulators of Banks and Financial Institutions
  3. Reserve Bank of India- functions and conduct of monetary policy
  4. Banking System in India – Structure and concerns, Financial Institutions – SIDBI, EXIM Bank, NABARD, NHB, etc., changing landscape of banking sector.
  5. Impact of the Global Financial Crisis of 2007-08 and the Indian response
  6. Financial Markets
  7. Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments
  8. General Topics
  9. Risk Management in Banking Sector
  10. Basics of Derivatives
  11. Global financial markets and International Banking- broad trends and latest developments.
  12. Financial Inclusion
  13. Alternate source of finance, private and social cost-benefit, Public-Private Partnership
  14. Corporate Governance in Banking Sector, role of e-governance in addressing issues of corruption and inefficiency in the government sector.
  15. The Union Budget – Concepts, approach and broad trends
  16. 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.
  17. FinTech
  18. Management
  19. Fundamentals of Management & Organizational Behaviour: Introduction to management; Evolution of management thought: Scientific, Administrative, Human Relations and Systems approach to management; Management functions and Managerial roles; Nudge theory
  20. 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).
  21. Leadership: Concept, Theories (Trait, Behavioural, Contingency, Charismatic, Transactional and Transformational Leadership; Emotional Intelligence: Concept, Importance, Dimensions. Analysis of Interpersonal Relationship: Transactional Analysis, Johari Window; Conflict: Concept, Sources,
  22. Types, Management of Conflict; Organizational Change: Concept, Kurt Lewin Theory of Change; Organizational Development (OD): Organisational Change, Strategies for Change, Theories of Planned Change (Lewin’s change model, Action research model, Positive model).
  23. Ethics at the Workplace and Corporate Governance
  24. 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.
  25. Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance
  26. 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.

RBI Grade B Syllabus & Exam Pattern 2021 for DEPR Post

RBI Grade B DEPR Exam Pattern for Phase 1 & 2

PhasePaperDurationMarks
Phase I (Objective)Paper-I Economics120 Min 100
Phase II (Descriptive)Paper-II Economics180 Min100
Paper-III English90 Min 100

Note: Paper I (Phase I exam) will be held in Objective format.  Paper II & III (Phase II exam) will be held in Descriptive format. Candidates who would obtain cut off marks in Phase I (Paper I) will get qualified to appear for Phase II Exam (Paper II & III). The Paper II and Paper III online/Written Examination exam will be held in shifts. The timetable for Paper II and III will be disclosed through the Admit Card. The final selection for Interview will be done on the basis of performance of the candidate in online/Written Examination (Paper I, II and III).

RBI Grade B DEPR Syllabus 2021

The latest notification by RBI has revealed that Standard of papers on Economics will be based on the syllabus Master’s Degree examination in Economics of any Central University. The English paper will be framed to test the candidates’ writing skills, expression and understanding of the topic.

Here is the manner of conduct of examinations for GR B (DR)-DEPR /DSIM 2021:

  • The examination will be conducted on two days. Paper I will be conducted on March 6, 2021 and Paper II & III will be held separately on March 31, 2021 (date to be confirmed in admit cards).
  • Paper – I (Objective type on Economics / Statistics as the case may be) will be conducted online and comprise multiple choice questions.
  • Paper – II (Economics / Statistics as the case may be) will be a descriptive type pen/paper-based examination where the questions will be displayed on computer screen and will be conducted in one session on March 31, 2021.
  • Paper – III (English) will be of descriptive type where the candidates will be expected to type out answers on a computer.
  • The Board reserves the right to modify the exam dates and time entirely at its discretion.

Suggested reading material for RBI Grade B DEPR exam:

Candidates are recommended to thoroughly go through RBI’s Annual Report, Monetary Policy Report of RBI, RBI’s Report on Trend and Progress of Banking in India, RBI’s Financial Stability Report and Economic Survey of 2019-20 & 2020-21.

RBI Grade B Syllabus & Exam Pattern 2021 for DSIM Post

RBI Grade B DSIM Exam Pattern for Phase 1 & 2

PhasePaperDurationMarks
Phase I (Objective)Paper-I Statistics120 Min 100
Phase II (Descriptive)Paper-II Statistics180 Min100
Paper-III English90 Min 100

Note: Paper I will be the Phase I exam in Objective format & Paper II & III will be the Phase II exams (in Descriptive format). Candidates who will obtain cut off marks in Phase I (Paper I) will get qualified to appear for Phase II Exam which will be Paper II & III. The Paper II and Paper III online/Written Examination exam will be held in different shifts. The timetable for Paper II and III will be intimated through the Admit Card. The Final selection of candidates for Interview will be done on the basis of performance in both online & Written Examination (Paper I, II and III).

RBI Grade B DSIM Syllabus

Paper I: StatisticsProbabilityDefinition of ProbabilityStandard distributionLarge and small sample theoryAnalysis of VarianceEstimationTesting of HypothesesMultivariate analysisStochastic Processes
Paper II: StatisticsProbability and SamplingLinear Models and Economic StatisticsStatistical Inference: Estimation, Testing of hypothesis and Non-parametric TestStochastic ProcessesMultivariate analysisNumerical Analysis and Basic Computer Techniques
Paper III: EnglishThe English paper will be framed to assess the candidates’ writing skills, expression and understanding of the topic

Comfortable Way to Complete the Syllabus on Time

There is no easy or comfortable way to complete the syllabus for RBI Grade B exam 2021, mind you!  But the right way to prepare makes the journey easy. And when the journey is easy, you can surely and definitely reach the destination easily.

To comfortably complete your syllabus before the exam date you need to make an outline to structure your study plan. Try to make a realistic study plan based on the syllabus overviewed above, and the amount of time you will need to complete the syllabus.

Sit down with your notes or study materials, and make an outline of the important portions, topics or areas you need to study for the exam. Be confident and smart in doing so.  You need to break down how much material you can study per session, daily.

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Health is Half Success 

Last but not the least, maintaining a healthy life style and relax after every hour or so. It will not only help you in maintaining a good study schedule but also provide a holistic approach to your preparation.

RBI Grade B Syllabus for English Language:

The English language syllabus for RBI Grade B is a descriptive in nature. The Officer Cadre exam is conducted at regular intervals, and candidates can find previous year question papers regarding the type of question asked in the Grade B exam for English descriptive test.

Candidates can also refer to the detailed section-wise bank exam syllabus and prepare for the upcoming RBI Grade B exam 2021.

RBI Grade B Officer Exam-Preparation Tips

For a fine preparation, candidates must go through exam syllabus and accelerate it by regularly solving practice and previous year question papers and taking Mock Tests.  

Improving your performance via Mock Tests

You can take a Free Mock Test for RBI Grade B Phase I right away and check your performance. It would be highly beneficial for you to test your skills and knowledge. Plus, you can start studying RBI Grade B Notes for Phase II exam to accelerate your exam readiness.

Here, you’ll get an easy but thoroughly researched and insightful report to understand your current performance, strengths and weaknesses and the extra efforts you need to put in for improvement. This will analyze your performance improvement capability and will surely improve provided you give extra time for your weak areas. 

Therefore, utilize this report to clear exams for CWC Superintendent/Jr. Superintendent, RRB NTPC, SBI PO, RRB-JE, FCI or SSC CGL. Invest your time smartly by taking these mock tests now 

Don’t forget that Time is Success

RBI Grade B exam is a time-based exam.  Hence, candidates must practice solving questions with a faster speed. This not only helps in actual exam a lot but also increases the completion and success rate of the candidate.

Take care of Writing Speed

The final selection of the exam is based on the merit, so securing good marks in the written exam also paves way for success.

General Knowledge through Newspapers

Reading the newspaper and staying updated with the current events through best study material will also help candidates score good marks in the General Awareness sections. GA section is the most scoring section in this exam.

Wishing you all the best for your preparation!

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