RBI Grade B (Officer) Recruitment 2018: Syllabus and Exam Pattern

RBI Grade B Exam Pattern 2018 (Officer Post)

• RBI Grade B Phase I

• RBI Grade B Phase II

• RBI Grade B Interview

RBI Grade B Syllabus Phase I: 2018 (Officer Post)

• General Awareness (with links to study material)

• English Language

• Quantitative Aptitude

• Reasoning Ability

RBI Grade B Syllabus Phase II: 2018 (Officer Post)

• Paper-I: Economic & Social Issues

• Paper II: English (Writing Skills)

• Paper-III: Finance and Management

Section Name

(No. of Questions) Maximum Marks

Time

General Awareness (80)

80 (80)

2 Hours

English Language (30)

30 (30)

Quantitative Aptitude (30)

30 (30)

Reasoning Ability (60)

60 (60)

Total

200 Questions (200 Marks)

Name of Paper

Type of Paper

Time  (Marks)

Paper-I: Economic & Social Issues

Objective Type

90 (100)

Paper II: English (Writing Skills)

Descriptive, to be typed with the help of the keyboard

90 (100)

Paper-III: Finance and Management

Objective Type

90 (100)

Reading Comprehension

Sentence Completion

Sentence Correction

Fill in the blanks (Double fillers)

Phrase/Word Replacement

Vocabulary

Error Spotting

Passage Making

Sentence Framing

Jumble Words

Data Interpretation

[Double Pie-chart, Mixed DI - (Line Graph + Table -Missing Data or Pie chart + Table), Caselet]

Ratio and Proportion

Average

Time and Work

Speed, Distance and Time

Mixture and Allegations

Percentage

Permutation and Combination

Probability

Time, Speed and Distance

Mensuration

Profit, Loss and Discount

Quadratic Equation

Simple Interest & Compound Interest

Seating arrangement

Data Sufficiency

Alphanumeric Series

Puzzle

Syllogism

Coding-decoding

Inequalities

Input - Output

Blood Relation

Ranking

Direction and Sense

Series

• MICR

• IFSC code

• CTS System

• Clean Notes policy

• Fake notes

• White  Label ATMs

• NEFT

• RTGS

• Banking Correspondence agents

• Kisan credit card

• Definition of various RBI rates and their significance.

• RBI Published notifications on its website

• RBI functioning

• Hierarchies: Organizational structure of RBI

• RBI intervention on currencies

• RBI Committees

• CBS

• ECS

• SWIFT

• BankNET

• RBINET

• INDONET

• Digital Signatures

• Bank guarantee

• Letter of Credit

• Bancassurance

• Banking Awareness for RBI

• 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

• GIC

(a) Acts, committees  &  legislation

• Bank  Nationalization

• Information  Technology  Act

• Economic Survey

• SARFAESI Act

• FEMA & FERA

• Tarapore  Committee

• Narsimhan Committees

• FRBM Act

• Budget 2018-19 Highlights

• CAMELS Rating System

• Tax ceilings

• Deductions

• Foreign Direct Investment

• Policy changes

To prepare current affairs do the following:

• Read pratiyogita darpan, chronicle or any other competitive magazine to brush up your knowledge.

• Read Newspapers : The Hindu, Economic Times or Mint.

• Read General Awareness  Partiyogita Darpan. You can also use any other current affairs magazine like CST, Chronicle or Wizard.    

• Focus on the 5-6 most recent issues of the magazine.

• Focus on the following topics within the magazine:

- Indian Economy: Complete study material

- International Affairs

- Indian Polity:Complete Study Material

• Gross Domestic Product (GDP)

• Gross National Product (GNP)

• Purchasing Power Parity (PPP)

• Human Development Index (HDI)

• Inflation

• Wholesale Price Index (WPI)

• Consumer Price Index (CPI)

• 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

• Credit  Rating Agencies of India

• Derivatives

• Options

• Futures

• Currency of India

• Swaps

• VAT

• Goods and Services Tax (GST):FAQs

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 – Urbanization and Migration – Gender Issues – Social Justice : Positive Discrimination in favor of the under privileged – Social Movements – Indian Political System – Human Development – Social Sectors in India, Health and Education.

Suggested reference material:

Books:

1. Indian Economy: Uma Kapila.(Series of Books)

2. Indian Economy: Mishra Puri. (Latest Edition)

3. Growth And Development: Devraj Ray

4. Sociology: C.N. Shankar Rao

News Papers:

1. Economic Times

2. Hindu

3. Business Standard

Weekly/Monthly Magazines/Bulletins /Reports:

1. Economic and Political Weekly

2. Southern Economist

3. Yojana

4. Business India

5. RBI Bulletins

Reports:

1. World Development Report

2. Economic Survey of India

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

Important topics of Finance

(a) Financial System

1. Regulators of Banks and Financial Institutions

2. 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, 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 by RBI:

a. An introduction to Economics – A W Stonier and D C Hauge

b. Monetary Theory and Public Policy – Kenneth Kurihara

c. Indian Economy – Mishra and Puri

d. Indian Economy – R. Dutt and KPM Sundaram

e. Economic Growth and Development – Mayer and Baldwin

f. Major economic newspapers and Economic and Political Weekly

g. Public Finance – K K Andley and Sundaram

h. Financial Management – Prasanna Chandra

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.

The questions on this section will be basic in nature.