RBI Grade B Mains Exam Analysis 1st April 2021 (Shift 1 & 2), Difficulty Level & Questions Asked

By Rahul Shrivastava|Updated : April 1st, 2021

RBI Grade B Mains Exam Analysis 1st April 2021 (Shift 1 & 2): RBI Grade B Officer Phase 2 Exam Paper 1, 2, and 3 was conducted on 1st April 2021. The phase 2 exam comprised of 3 separate tests. Here we are going to discuss RBI Grade B Shift 1 and Shift 2 exam analysis of RBI Grade B Mains exam along with the questions asked and difficulty level.

According to the feedback given by the candidates, we found that the difficulty level of both shifts was moderate.

Below, we have given a detailed analysis of the exam and provide candidates with a category-wise distribution of the topics of each section. This analysis will help them accessing their performance.

RBI Grade B Mains All Shifts Analysis 1st April 2021

RBI Grade B Mains Paper 3 2021 (Shift 1): Difficulty Level


Difficulty Level

Objective Questions


Descriptive Questions

Direct (Easy-Moderate)

RBI Grade B Mains Paper 1 & 2 2021 (Shift 2): Difficulty Level

PAPER 1 and 2

Difficulty Level

Economic and Social Issues


English (Writing Skills)

(Easy -Moderate)

Questions Asked in RBI Grade B Mains Paper 3 (Shift 1)

Questions were asked from the following topics:

15 Marks Questions

Q1. What is corporate governance. Discuss the fundamentals and principles of corporate governance?
Q2. What is Basel Norms? Discuss the three pillars of Basel Norms in detail?
Q3. Discuss the roles and functions of the following 5 regulatory bodies:
1.      SIDBI
2.      NHB
3.      NABARD
4.      EXIM
5.      RRBs
10 Marks Questions:
Q1. Discuss the 5 major announcements made in the 2021-22 Union Budget of India?
Q2. Discuss the concept of Behavioural Reinforcement. What are the positive and negative reinforcement?
Q3. Differentiate between transactional leadership and Transfomational Leadership.
Objective Qs:(Q1-2)
Government has approved a model for building National Highways (NH) to speed up the construction of roads in the country by renewing interest of private developers in highway projects.
Q1. What is the name of the model?
Answer: Hybrid Annuity Model

Q2.  What percent of the amount will be provided by the government and developer respectively during the construction stage?
Answer: 40%,60 %
Q3. Payment Infrastructure i.e. retail payments and settlement systems in India is regulated by which organisation?
Answer: NPCI
Q4. Who regulates Capital Market in India?
Answer: SEBI
A process has been developed in India for applying to IPOs, Rights issue, FPS etc. In this, an IPO applicant's bank account doesn't get debited until shares are allotted to them. 
Q5. What is the name of the process?
Answer: ASBA
Q6. This process is stipulated by which organisation?
Answer: SEBI
Q. Question based on Broom’s Modulation Theory.
Q. Question based on the three stage process of Change Management.
Q (2 Questions)
Comprehension based on stock exchange depositories.

Questions Asked in RBI Grade B Mains Paper 1 & 2 (Shift 2)

A paragraph on  PM-KISAN scheme
Q1. Total financial benefits provided to all landholding farmers' families per year?
Answer: Financial benefit of Rs 6000 per annumQ2. In Dec 2020 how much amount was transferred by government?
18000 Cr
30000 Cr
50000 Cr
Answer: 18,000 CrQ3. 1 more question on this scheme.(Q4-6)

A paragraph on OECD outlook report.Q4. What is INDIA GDP forecast for 2021-22?
Answer: 12.6%
Q6.Q7. Which of the following is not related?
a) Smart cities
b) Amrut
c) Pmay
d) Uday
e) Hriday
Answer: D
UDAY under Ministry of power, rest under Ministry of housing and urban affairs. A paragraph on Labour Reforms.
Q8.  How it will be beneficial?
a) Ease of doing business
b) Delegitimize strikes

15 Marks
Q1. What are the recommendations of 15th financial Commission with respect to horizontal and vertical devolution from centre to state?
Q2. What are the different ways to measure poverty? Discuss poverty measurement in relation to 3 aspects of Inflation index, consumer basket and per capita income.
Q3. How does the aspects of Globalisation change after the 2008 Financial Crises?
10 Marks
Q1. What are the disinvestment measures announced in Budget 2021-22 and its impact?
Q2. Discuss India’s commitment towards achievement of global climate change in aspects like health, socio-economic development aspects.
Q3. What is the influence of Demographic transition on economic growth with reference to India?

This was all about the analysis of the RBI Grade B Officer Phase 2 Paper 1 and 3 Exam. We urge you to keep posting the memory-based questions in the comment section so that the aspirants can benefit from it.

 Check the RBI Grade B Phase 2 Exam Analysis of Paper 3 here


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