RBI Grade B Syllabus & Exam Pattern 2021: Check Topic-wise Syllabus for Paper 1 & Paper 2

RBI Grade B Syllabus & Exam Pattern 2021: Check Topic-wise Syllabus for Paper 1 & Paper 2

ByAmrit Gouda  |  Updated on: Sep 23, 2021RBI Grade B Exam 2022 notification will be released soon on the official site. Download RBI Grade B recruitment 2022 official PDF and know vacancy, dates, eligibility, here.
RBI Grade B Exam 2022 notification will be released soon on the official site. Download RBI Grade B recruitment 2022 official PDF and know vacancy, dates, eligibility, here.
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RBI Grade B Syllabus and Exam Pattern 2021

RBI Grade B Syllabus and Exam Pattern 2021 is designed and decided by the Reserve Bank of India (RBI). Reserve Bank of India has released an official notification for the recruitment of Grade B Officers under various departments namely, DSIM, DR, and DEPR. RBI Grade B Exam Pattern 2021 consists of four sections in the Prelims and 3 sections in the Mains exam.

The RBI Grade Prelims Exam 2021 was held on 6th March 2021, which shall be followed by the RBI Grade B Mains Exam on 1st April 2021. After a candidate qualifies for both the Prelims and Mains exam, he or she will qualify for the Interview round. For the final selection, the marks obtained in the mains exam and the interview phase shall be taken into consideration. 

Latest:

  1. RBI Grade B Exam Analysis 2021 (6th March)
  2. RBI Grade B Expected Cut Off 2021

Below you will find all details regarding the RBI Grade B syllabus and exam pattern 2021. To crack this prestigious competitive exam, the first step is to understand the RBI Grade B New Exam Pattern clearly. 

RBI Grade B New Exam Pattern

RBI Grade B Recruitment Exam basically consists of 3 Phases, which are  Phase 1, Phase 2 and Interview. Applicants have to go through all three Phases to get selected for the post. It is always suggestible for the candidates to prepare for the examination well in advance to successfully crack the same.

From this year onwards, the RBI Grade B Interview session will be conducted for 75 marks instead of 50 marks as stated under the official notification of RBI Grade B 2021.

RBI Grade B Paper 1 Exam Pattern

RBI Grade B Paper 1 Exam Pattern is different from RBI Grade B Paper 2 Exam Pattern. Phase 1 of the RBI Grade B Examination 2021 comprises a total of 4 parts. Applicants have to clear the Phase 1 examination to move ahead in the selection process and attend the Phase 2 Examination. The RBI Grade B Paper 1 Exam Pattern details are given below. 

Sections

Total No. of Questions

Marks

Exam Duration

Reasoning

60

60

45 minutes

General Awareness

80

80

25 minutes

English Language

30

30

25 minutes

Quantitative Aptitude

30

30

25 minutes

Total

200

200

2 hours

Note: 

    • For each right answer, 1 mark will be awarded to the candidate.
    • For each wrong attempt, 0.25 marks will be deducted from the candidate's score.

RBI Grade B Paper 2 Exam Pattern

Paper 2 or Phase 2 of the RBI Grade B Exam 2021 comprises a total of 3 different sections. As per the latest RBI Grade B Mains exam pattern, there will be a 50% of objective test and the rest will be descriptive. Phase 2 of the selection process can be attempted only by the candidates who qualify for the Phase 1 exam. The RBI Grade B Paper 2 Exam Pattern details are given below.

Name of TestPaper TypeMaximum MarksTime Allotted
Paper I - Economic and Social Issues
  • 50% Objective Test
  • 50% Descriptive Test
  • 50
  • 50
  • 30 mins
  • 90 mins
Paper-II - English (Writing Skills)Descriptive Test10090 mins
Paper III - Finance and Management
  • 50% Objective Test
  • 50% Descriptive Test
100
  • 30 mins
  • 90 mins

Note: 

  • For each right answer, 1 mark will be awarded to the candidate.
  • For each wrong attempt, 0.25 marks will be deducted from the candidate's total score.

RBI Grade B Syllabus Phase II (Main) 2021

Paper-I - RBI Grade B Syllabus Economic and Social Issues

Growth and Development –

  • Measurement of growth: National Income and per capita income
  • Poverty Alleviation and Employment Generation in India
  • Sustainable Development and Environmental issues

Economic Reforms in India-

  • Industrial and Labour Policy
  • Monetary and Fiscal Policy
  • Privatization
  • Role of Economic Planning

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

Social Structure in India

  • Multiculturalism
  • Demographic Trends
  • Urbanisation and Migration
  • Gender Issues
  • Social Justice
  • Positive Discrimination in favour of the underprivileged
  • Social Movements
  • Indian Political System
  • Human Development
  • Social Sectors in India
  • Health and Education

Suggested reference material

Books:

  • Indian Economy: Uma Kapila.(Series of Books)
  • Indian Economy: Mishra Puri. (Latest Edition)
  • Growth And Development: Devraj Ray
  • Sociology: C.N. Shankar Rao

News Papers:

  • Economic Times
  • Hindu
  • Business Standard
  • Weekly/Monthly Magazines/Bulletins /Reports:
  • Economic and Political Weekly
  • Southern Economist
  • Yojana
  • Business India
  • RBI Bulletins

Reports:

  • World Development Report
  • Economic Survey of India

Paper-II -RBI Grade B Syllabus English (Writing Skills) -

The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic.

Paper-III -Finance and Management - 

(I) Finance

(a) Financial System

  • Regulators of Banks and Financial Institutions
  • Reserve Bank of India- functions and conduct of monetary policy, Banking System in India, Financial Institutions – SIDBI, EXIM, NABARD, NHB, etc.

(b) Financial Markets

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

(c) General Topics

  1. Risk Management in Banking Sector
  2. Basics of Derivatives: Forward, Futures and Swap
  3. Changing Landscape of Banking sector
  4. Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments
  5. Financial Inclusion- use of technology
  6. Alternate source of finance, private and social cost-benefit, Public-Private Partnership
  7. Corporate Governance in Banking Sector, the role of e-governance in addressing the issues of corruption and inefficiency in the government sector.
  8. The Union Budget – Direct and Indirect taxes; Non-tax sources of Revenue, GST, Thirteenth Finance Commission and GST, Finance Commission, Fiscal Policy, Fiscal Responsibility and Budget Management Act (FRBM),
  9. Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI - components and trends.

Suggested reference material:

  • An Introduction to Economics – A W Stonier and D C Hauge
  • Monetary Theory and Public Policy – Kenneth Kurihara
  • Indian Economy – Mishra and Puri
  • Indian Economy – R. Dutt and KPM Sundaram
  • Economic Growth and Development – Mayer and Baldwin
  • Major economic newspapers and Economic and Political Weekly
  • Public Finance – K K Andley and Sundaram
  • Financial Management – Prasanna Chandra

(II) Management:

  • Management: its nature and scope; The Management Processes; Planning, Organisation, Staffing, Directing and Controlling;
  • The Role of a Manager in an Organisation. Leadership: The Tasks of a Leader; Leadership Styles; Leadership Theories; A successful Leader versus an effective Leader.
  • Human Resource Development: Concept of HRD; Goals of HRD; Performance Appraisal – Potential appraisal and development – Feedback and Performance Counselling – Career Planning – Training and Development – Rewards – Employee Welfare.
  • Motivation, Morale and Incentives: Theories of Motivation; How Managers Motivate; Concept of Morale; Factors determining morale; Role of Incentives in Building up Morale.
  • 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.
  • Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance.

You need to pass the sectional, as well as the overall RBI Grade B cut off to go to pass through the different stages of the RBI Grade B selection process.

Also, Check Important Subject Topics:

Related Subject Topic
Data InterpretationData Sufficiency
SyllogismSimple Interest & Compound Interest
Miscellaneous problemsQuadratic Equations
Speed, Time & DistanceSequence and Series

Posted by:

Amrit GoudaAmrit GoudaMember since Mar 2021
Community Associate at Gradeup. Cleared many bank exams.
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RBI Grade B Syllabus FAQs

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  • The various factors impact RBI Grade B Exam 2021, such as the following.

    • The difficulty level of the exam.
    • The total number of vacancies.
    • Previous year cut off trends
    • The total number of candidates appearing for the exam.
  • There will be a total of 30 questions in the English language section. The topics which are included in the English Language are as follows.

    • Vocabulary
    • Grammar
    • Reading comprehension
    • Match the Columns
    • Fill in the blanks
    • Cloze test
    • Error spotting
    • Jumbled words/ sentences
    • Sentence rearrangement
    • Sentence framing
  • It is a computer-based examination and the paper is prepared in both Hindi and English except for the section of English Language.

  • Yes, R.S. Aggarwal is one of the best-suggested books for reasoning questions.

  • Yes, RBI provides the previous year question papers for the reference purpose. For effective and efficient exam preparation, you can also refer to BYJU'S Exam Prep's fully solved model, sample and previous year question papers drafted by subject matter experts.

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