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Sample Questions for RBI grade B phase II exam 2016

Sep 8, 2016 12:58 IST

    The RBI has conducted the RBI Grade B phase I examination successfully. The phase II examination is scheduled to be held on 19 September 2016, only for the candidates who are shortlisted on the basis of results of Phase-I examination. This examination will be in two shifts. Candidates are required to appear in both the shifts.

    Note: Separate Admission Letters Should Be Downloaded For Morning and Afternoon Shifts from RBI website.

    Scheme of Phase-II examination:


    Paper No.

    Name of Paper

    Type of Paper

    Time (Minutes)







    Economics and Social Issues

    Objective types




    English(Writing skills)

    Descriptive, to be typed with the help of the keyboard








    Finance and Management

    Objective type



    Paper-I and Paper-III: Objective Type Papers: In objective type Papers all the questions will have multiple choices. The questions will carry varying marks, which will be indicated in the question papers. You can attempt any question at any point of time within the allotted time of 90 minutes

    Note: There will be penalty for wrong answers marked by you. For every wrong answer marked by you, 1/4th of the marks assigned to that question will be deducted as penalty.

    The Scores of Online Examination will be obtained by adopting the following procedure:

    (i) Number of questions answered correctly by a candidate in each objective test is considered for arriving at the Corrected Score after applying penalty for wrong answers.

    (ii) Paper wise scores are reported with decimal points upto two digits.

    Paper-II: Descriptive Type Paper (English Writing Skill): The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic. The Paper may include Questions on essay writing, précis writing and comprehension etc. Candidates will have to type answers with the help of the key-board of the computer.

    Sample Questions

    Please note that the types of questions in this handout are only illustrative and not exhaustive. In the actual examination you will find questions of a higher difficulty level on some or all of these types and also questions on the types not mentioned here. Some sample questions are given below.

    Paper-I: Economic and Social Issues

    (There will be questions carrying 2 marks each and questions carrying 1 mark each)

    Q.1-3. Read the following passage and answer the given questions: Data released earlier this year revealed a landmark event for the Indian economy that went largely unnoticed: agricultural workers now comprise less than half the workforce for the first time in the history of the Indian economy and its contribution to GDP is less than 14 percent. However in recent years even as the non-agricultural economy remains weak, overall growth has been propped up to the extent it has by the growth of the overall rural economy. And while within the rural economy itself, non-farm activities are becoming increasingly significant, close to two of three workers depend on agriculture for an important part of their income. Lower production from earlier years, higher cultivation costs and weaker yields bode ill for farm incomes and by extension for the rural economy as a whole. If rural incomes are hit, there could be bigger demand for work under the rural employment guarantee scheme. Though there is a government proposal to restrict MGNREGA to tribal districts only, if farm incomes remain weak this feeds into the rest of the economy and the intention of the government to see this policy through could well be tested.

    Q. 1. What do the statistics regarding the agricultural sector cited in the passage indicate?

    1) Farm incomes are likely to be hit by low global commodity prices and weak or stagnant production

    2) Overall agricultural output will fall significantly this year despite sustained government assistance

    3) Factors such as a weak monsoon have resulted in an agricultural deficit

    4) The agricultural sector is very important to the economy despite its falling contribution to India’s GDP

    5) Agriculture must employ more workforce

    Q.2. Which of the following is a welcome development?

    1) Bigger demand for work under rural employment guarantee scheme

    2) Non-agricultural economy remaining weak

    3) Agriculture workforce becoming less than half of the total workforce

    4) Higher cultivation costs

    5) Restricting MGNREGA to tribal district

    Q.3. Which of the following best defines MGNREGA?

    1) Guaranteeing 100 days of wage-employment in a financial year to every rural household whose adult member volunteer to do skilled work.

    2) Guaranteeing 100 days of wage-employment in a financial year to every rural household whose adult member volunteer to work in farm sector.

    3) Guaranteeing 100 days of wage-employment in a financial year to an adult member of a rural household

    4) Guaranteed regular employment of one adult member in rural areas in a farm or nonfarm sector

    5) Fixing minimum wages in the rural areas.

    Read Complete handout for RBI Grade B phase II exam 2016 available with RBI website

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