Motivation Concept Notes for RBI Grade B Exam: Check Study Material for Preparation of Exam

By Amrit Gouda|Updated : May 31st, 2022

Motivation Concept Notes for RBI Grade B Exam: Financial Management is an important topic asked under RBI Grade B Phase 2 exam. This section covers a total of 100 marks. Mastering Financial Management is at times, tough for many students because it involves lots and lots of theoretical concepts.

So, for your ease and better preparation, we are going to discuss an important topic of Management today which is "Motivation" its Importance and Nature. Get ready to master Management & score better in RBI Grade B 2022 exam.

Table of Content

Importance of Motivation  

  • Maximum utilization of factors of production: Workers performs the work sincerely through the inspiration of motivation. 
  • Willingness to work: Motivation influences the willingness of people to work. A man is technically, mentally, and physically fit to perform the work but they may not be willing to work. 
  • Reduced absenteeism: Financial incentive schemes coerce the workers to work more. This reduces absenteeism.
  • Reduced labour turnover: Motivation has both financial and non-financial incentive schemes. This helps to retain the existing labourers.
  • Availability of right personnel: Financial and non-financial incentives not only retain the existing employees but also attract the employees from outside the enterprise.
  • Building of good labour relations: Motivation helps to solve the labour problems of absenteeism, labour turnover, indiscipline, and grievance.
  • Increase in efficiency and output: Both workers and management have got benefits from motivational plans.

You must check the RBI Grade-B previous year paper to know the exam level and types of questions asked from this chapter.                                        

  • A sense of belonging: A proper motivation scheme promotes closer rapport between enterprise and workers.
  • Basis of co-operation: Efficiency and output are increased through co-operation. The co-operation could not be obtained without motivation, so motivation is a basis of co-operation.
  • Helps in realizing organizational goals: - Organizational goals are achieved quickly through motivation. The motivated employee has a feeling of total involvement in the performance of organizational tasks. 

You can practice the most expected RBI Grade-B Mock tests in the BYJU'S Exam Prep Bank Regulatory exam test series.                  

Nature of Motivation

  1. Based on motive: Motivation is based on an individual's motives which are internal to the individual. These motives are in the form of feelings that the individual lacks sometimes.
  2. Affected by motivating: Motivation is affected by the way the individual is motivated, the act of motivating channelizes the need for satisfaction.
  3. Goal-directed behaviour - Motivation leads to goal-directed behaviour. Goal-directed behaviour is one that satisfies the causes for which behaviour takes place.
  4. Related to satisfaction - Motivation is related to satisfaction. Satisfaction refers to the contentment experience of an individual which he derives out of need fulfilment thus satisfaction is a consequence of rewards and punishment associated with past experience.
  5. A person motivated in totality - A person is motivated in totality and not in past. Each individual in the organization is a self-contained unit and his needs are interrelated.
  6. Complex process - Motivation is a complex process, complexity emerges because of the nature of needs and the type of behaviour that is attempted to satisfy those needs.

To watch concept classes and chapter-wise sessions by exam-qualified experts, you can try our RBI Grade-B Online Coaching.                                                                 

Types of Needs:-

There are three types of needs: -

  1. Primary Needs:
  • They are also known as psychological needs or biological needs or basic needs which are essential for survival.
  • These needs are common to all human beings.
  • Example – Air to breathe, sleep, food, etc.

You should check the required RBI Grade B book to study the motivation and behaviour chapter for the upcoming RBI Grade-B 2022 exam.

  1. Secondary Needs:
  • They are also known as learned or derived needs.
  • These needs are not natural but are learned ban by the individual through his experience or interaction.
  • These needs are not common to all human beings.
  • Example – Need for power, Achievement, status etc.
  1. General Needs
  • These needs lie between the primary needs and secondary needs
  • This kind of need is not learned but at the same time, it is not completely physiological.
  • Example – Affection, manipulation, curiosity, etc.

Also, Check: 

Related Links:

RBI Grade B 2021

RBI Grade B Study Material 2021

RBI Grade B Cut Off 2021

RBI Grade B Preparation Tips 2021

RBI Grade B Question Papers

RBI Grade B Books 2021

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FAQs

    1. Maximum utilization of factors of production: Workers performs the work sincerely through the inspiration of motivation. 
    2. Willingness to work: Motivation influences the willingness of people to work. A man is technically, mentally, and physically fit to perform the work but they may not be willing to work. 

    To know more, go through the article.

  • At BYJU'S Exam Prep app or website, you can practice motivation MCQs for the RBI Grade B exam.

  • You can expect 3-4 questions from this chapter in the RBI Grade B exam.

  • There are 3 different types of needs.

    1. Primary
    2. Secondary
    3. General

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