RBI Grade B is around the corner on 19th September 2016 and all of you must be gearing up for the most crucial stage of being an officer with the central bank of the country. Prelims exam was just a screening process but the marks you get out of 300 in the mains examination will determine mostly your fate in the selection process. Once you are through this, you have to face the interview board but that is only for 50 marks. Hence, this is your chance to make it count in the battle. In this article, we shall discuss regarding the best possible ways to do this effectively obviously with the help of smart work instead of hard work.
RBI Grade B Phase II: The Composition
RBI grade B Phase II examination consists of three papers mainly and they are –Paper-I: English, Paper-II: Economic and Social Issues, Paper III: Finance and Management. Each paper consists of 100 marks and the time allotted for each paper is 90 minutes. The questions in the two papers except English are going to be objective type multiple choice type questions whereas English paper will consist of descriptive questions. The whole examination is going to be online.
RBI Grade B Phase II: Mastering the Examination
With hardly one week left for the phase II examination, you need to do smart work for success in the examination. Here are some tips that will help you immensely in the examination if you follow them diligently and intelligently.
1) Go through the previous year papers: RBI introduced this new pattern of objective type questions only last year and that is why, it is necessary you understand the pattern followed in the last year question paper. The English Paper had questions on essays and précis whereas the other two papers consists questions mainly on current affairs related to the topics given in the official advertisement. Get hold of topics such as GST, Direct Tax Code, 14th Finance Commission, 7th Pay Commission etc topics because they are very important for the examination.
2) Current issues hold the key: As already mentioned, last year paper was mainly based on current affairs questions taken from the topics of the syllabus. This year, RBI has already mentioned that it is going to introduce passage based questions in both the ESI and F & M paper. These passages will be given on a certain topic but questions will not be asked only from information given in the passage and you have to have knowledge of the topics related to that issue to answer the questions.
3) Read newspaper daily: This will help you prepare for all the three papers. Go through a Standard English newspaper since that is useful for English as well as other two papers. In English essay, you will be benefitted a lot if you have points from both the positive and negative aspects of the given topic. Editorials in the newspapers will help you immensely in this paper. For other two papers as well, this is going to useful as questions are from current issues mainly.
4) Do not neglect theories: Yes, we are talking about current issues but that does not imply that there was no question based on theories of the concerned topics. Especially for management part of the paper, go through the relevant theories minutely since questions will be asked from them only and even if you do not get direct questions, you can apply them to find the right answer in a conceptual question on the topic. Same goes for economics and social issues and finance part of the paper.
5) Mock tests will be helpful: This is for those who are done with covering all the topics mentioned in the official syllabus. You guys go for mock tests to check where you stand in the overall rankings. But beware of getting carried away by the marks of that because you never know what RBI has in store for you in the real examination. It may be the case that the pattern changes drastically in the real examination as we have seen recently in the SBI PO Examination.
6) Ample time; so relax: RBI Grade B is not a test of how fast you can answer the questions but the knowledge base you have and the concepts you have developed regarding the issues concerning the economy of the country. You will get around 40 questions in the ESI Paper and 50 questions in the F & M paper if the last year pattern is repeated again and you are getting 90 minutes to answer these questions. So, think properly and answer and do not be in a hurry to finish the examination.
RBI Grade B examination is one of the most popular banking examinations in the country because of the promise it holds of giving you a chance to work with the best minds in the country in the field of economics. Along with that, the chance of getting posted in only metro areas of the country with a more than decent salary package make most of the candidates fall head over heels to get this job. This is your turn to convert your dream into reality. So, prepare accordingly and give your best
Best of luck !!