RBI Grade B Syllabus 2023
The Reserve Bank of India (RBI) releases the RBI Grade B syllabus for the students to prepare for country’s most coveted exam which is the RBI Grade B exam. The syllabus is divided into three phases, Phase 1 or Prelims, Phase 2 or Mains and lastly, an interview. RBI Grade B Phase 1 exam is objective in nature while Phase 2 is both descriptive and objective. The important topics that are covered in it RBI Grade B syllabus for Phase 1 are Reasoning, Quantitative Aptitude and English Language and General Awareness. On the other hand, RBI Grade B Phase 2 syllabus has three sections in it, Economic and Social Issues, English (writing skills) and Finance & Management or Economics or Statistics.
Candidates who are aiming to crack the RBI Grade B exam must go through the detailed syllabus and make notes to crack it since the syllabus is slightly different from other banking exams. It has more questions based on Banking and Finance. We have shared the detailed syllabus on this page. Addisiotnly, you can also download the latest RBI Grade B syllabus PDF to keep a track of the subjects that you will be studying in it.
Check RBI Grade B exam related articles:
RBI Grade B Syllabus PDF Download
RBI has made some changes to the RBI Grade B syllabus. Hence, it is advised to go through the new official syllabus to get acquainted with it and prepare for the exam. Click on the link that is give below to download RBI Grade B Syllabus PDF below.
RBI Grade B Syllabus PDF Download
RBI Grade B Syllabus 2023 Overview
RBI Grade B syllabus is separate for all posts- General, DEPR & DSIM. Candidates can go through the following given RBI Grade B syllabus as given below here.
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RBI Grade B Syllabus & Exam Pattern 2023 |
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Exam Conducting Body |
Reserve Bank of India |
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Exam Name |
RBI Grade B Exam |
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Mode of Exam |
Online |
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Selection Process |
Phase 1 (Objective) Phase 2 (Descriptive) Phase 3 (Interview) |
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Negative Marking |
0.25 marks (in objective type) |
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Language of Paper |
English and Hindi |
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Official website |
rbi.org.in |
RBI Grade B Exam Pattern 2023
RBI Grade B exam pattern 2023 is divided into three stages that include Phase 1, 2 and lastly an interview. RBI Grade B phase 1 is an objective paper while Phase 2 has both objective and descriptive questions. The marks scored by candidates in Phase 1 is used to select candidates who will appear for Phase 2. The final merit list of candidates for appointment as an RBI Grade B officer post is decided on the basis of marks secured by candidates in RBI Grade B Phase 2 and Interview. You can go through the RBI Grade B cut off know to get more details on it. We have shared the detailed exam pattern in the table below here.
RBI Grade B Phase 1 Exam Pattern
RBI Grade B Phase 1 is conducted to filter candidates to appear in the Phase 2 exam. The exam shall be held in online mode only. There are four sections in it, General Awareness, Reasoning, English Language and Quantitative Aptitude. General Awareness section of RBI Grade B Phase 1 constitutes maximum weightage of 80 marks. Hence, candidates are advised to prepare this section thoroughly. The over marks is 200 marks for RBI Grade B Phase 1.
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RBI Grade B Exam Pattern - Phase 1 |
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Sections |
Number of questions |
Marks |
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General Awareness |
80 |
80 |
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Reasoning |
60 |
60 |
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English Language |
30 |
30 |
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Quantitative Aptitude |
30 |
30 |
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Total |
200 |
200 |
RBI Grade B Phase 2 Exam Pattern
RBI Grade B Phase 2 exam has three papers that are both descriptive and objective in nature. The descriptive papers have to be typed on the computer screen. Candidates opting to type the answers in Hindi may do so with the help of either Inscript or Remington (GAIL) keyboards layout. The RBI Grade B question paper lets you know the type of questions that are asked in it.
The papers that are in RBI Grade B Phase 2 exam are Economic and Social Issues, English (writing skills) and Finance & Management or Economics or Statistics. Candidates have to select any one subject out of Finance & Management or ‘Economics’ or ‘Statistics’ for Phase 3 exam.
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RBI Grade B Exam Pattern - Phase 2 |
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Name of the Paper |
Type of Paper |
Duration |
Marks |
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Paper-I: Economic and Social Issues |
50%t Objective Type 50% Descriptive |
120 Minutes Objective: 30 Descriptive: 90 |
Total: 100 Marks Objective: 50 Descriptive: 50 |
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Paper-II: English (Writing Skills) |
Descriptive answers to be typed with the help of the keyboard. |
90 Minutes |
100 |
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Paper-III: ‘Finance & Management’ or ‘Economics’ or ‘Statistics’ |
50% Objective 50% Descriptive |
120 minutes Objective: 30 Descriptive: 90 |
Total: 100 Marks Objective: 50 Descriptive: 50 |
RBI Grade B Syllabus 2023
RBI Grade B syllabus should be studied by candidates in the best possible manner. It is advisable that they prepare the syllabus for RBI Grade B Phase 1 and Phase 2 simultaneously since there is a similarity between the syllabus for both the papers. We have segregated the RBI Grade B syllabus for Phase 1 and Phase two in the subsequent paragraphs.
Check: RBI Grade B Exam Date
RBI Grade B Syllabus for Phase 1 - Subject Wise Syllabus
The RBI Grade B syllabus for Phase 1 consists of the following subjects:
- General Awareness
- Reasoning
- English Language
- Quantitative Aptitude
The details on the syllabus for each subject of RBI Grade B is shared below here.
RBI Grade B General Awareness Syllabus
RBI Grade B General Awareness syllabus shall have more questions based on Banking, Economy and Finance.This section must be studied in a very comprehensive manner as you will find several topics that shall be asked in the Mains exam as well. The important topics that are covered in the RBI Grade General Awareness are as follows:
- Banking & Financial, Economic News, Important terms used in Banking, RBI News like Monetary policies, Important guidelines, Economic and Social Issues, Role of iMF, World Bank, RBI, etc. Othe than this, Financial & Economics News, Economics terms, etc. is also required to be known.
- Current Affairs both national and international, sports, awards, summits & conferences, schemes, agreement & deals, etc.
- GK questions based on Imporatant Parks and Sancutaries, Polity, Dams, Thermal Power Plants, Mountains, Temples, Stadiums, etc
RBI Grade B Reasoning Syllabus
RBI Grade B reasoning syllabus has tricky questions based on seating arrangements, inequality, input-output, etc that need to be practiced a lot to get that accuray level and timely completion of it. The important topis covered in the RBI Grade B syllabus for Realonign are as follows:
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RBI Grade B Syllabus for Reasoning |
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Syllogism |
Seating Arrangement |
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Inequalities |
Direction Test |
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Blood Relation |
Puzzles |
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Input-Output |
Data Sufficiency |
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Alphanumeric series |
Ranking |
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Coding-Decoding |
Analogy |
RBI Grade B Quantitative Aptitude Syllabus
Quantitative Aptitude questions are asked only in the RBI Grade B Phase 1 syllabus. It is important to get the basics correct for this section so that it increases the candidate’s chance of qualifying the exam. The questions for RBI Grade B syllabus for quantitative aptitude shall be elementary consisting of topics such as Profit & Loss, Simplification,Interest, Percentage, Discount, Mensuration, etc. The other topics are as follows:
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RBI Grade B Syllabus for Quantitative Aptitude |
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Ratio & Proportion |
Mensuration |
Profit and Loss |
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Time and Work, Time and Distance |
Simplification and Approximation |
Speed |
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Average |
Number Series |
Upstream and Downstream |
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Simple and Compound Interest |
Permutation and Combination |
Mixture and Allegation |
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Data Interpretation (DI) |
Probability |
Percentage |
RBI Grade B English Language Syllabus
The syllabus for RBI Grade B English Language is formulated in a way that the candidate’s writing skills, expression and understanding of the topic can be assessed. Gien below is the RBI Grade B syllabus for the English language.
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RBI Grade B Syllabus for English |
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Reading Comprehension |
Cloze Test |
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Para jumbles |
Fill in the blanks |
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Multiple Meaning /Error Spotting |
Sentence Completion |
RBI Grade B Phase 2 Syllabus
As per the new RBI Grade B syllabus, there are three papers that are as follows:
- Paper 1 - English (writing skills)
- Paper-2 – Economic & Social Issues
- Paper-3 – (optional subjects) – Finance & Management/ Economics/ Statistics
The detailed syllabus for all three papers of the RBI Grade B Phase 2 exam is given below.
RBI Grade B English Syllabus
RBI Grade B English syllabus for Mains is framed in such a way that it tests the writing skill of the candidates. Candidates should read newspapers in order to develop their writing pactice.
RBI Grade B Economic & Social Issues Syllabus
RBI Grade B Economic and Social Issues Syllabus consists of questions based on topics that include Growth and Development, National Income, Sustainable Development, International Economics, etc. The topics and sub topics that are covered in it include the following:
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RBI Grade B Economic and Social Issues Syllabus for Phase 2 |
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Subject |
Syllabus |
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Paper 1- Economic & Social Issues |
1. Growth and Development Measurement of growth- National Income and per capita income Poverty Alleviation and Employment Generation in India Sustainable Development Environmental issues 2. Indian Economy Economic History of India Changes in Industrial and Labour Policy Monetary and Fiscal Policy since reforms of 1991 Priorities and recommendations of Economic Survey and Union Budget Indian Money and Financial Markets: Linkages with the economy Role of Indian banks and Reserve Bank in the development process Public Finance Political Economy Industrial Developments in India Indian Agriculture Services sector in India 3. Globalization Opening up of the Indian Economy Balance of Payments Export-Import Policy International Economic Institutions IMF and World Bank WTO Regional Economic Cooperation International Economic Issues 4. Social Structure in India Multiculturalism Demographic Trends Urbanisation and Migration Gender Issues Social Justice: Positive Discrimination in favour of the underprivileged Social Movements Indian Political System Human Development Social Sectors in India Health and Education |
RBI Grade B Management Syllabus
The RBI Grade B Management syllabus shall have questions that are based on Management & Organizational Behaviour, Human Resource Development, Communication Channels, etc.. The important topics included in it are as follows:
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RBI Grade B Management Topics |
SubTopics |
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Paper 3 (b)- Management |
1. Fundamentals of Management & Organizational Behaviour Introduction to management Evolution of management thought Scientific, Administrative, Human Relations Systems approach to management Management functions and Managerial roles Nudge theory Meaning & concept of organizational behaviour Personality: meaning, factors affecting personality, Big five model of personality Concept of reinforcement Perception: concept, perceptual errors Motivation: Concept, importance Content theories (Maslow’s need theory, Alderfers’ ERG theory, McCllelands’ theory of needs, Herzberg’s two-factor theory) Process theories (Adams equity theory, Vrooms expectancy theory). Leadership: Concept, Theories (Trait, Behavioural, Contingency, Charismatic, Transactional and Transformational Leadership Emotional Intelligence: Concept, Importance, Dimensions. Analysis of Interpersonal Relationship: Transactional Analysis, Johari Window Conflict: Concept, Sources, Types, Management of Conflict Organizational Change: Concept, Kurt Lewin Theory of Change Organizational Development (OD): Organisational Change, Strategies for Change, Theories of Planned Change (Lewin’s change model, Action research model, Positive model). 2. Ethics at the Workplace and Corporate Governance Meaning of ethics, why ethical problems occur in the business Theories of ethics: Utilitarianism: weighing social cost and benefits, rights and duties, Justice and fairness, ethics of care, integrating utility, rights, justice and caring An alternative to moral principles: virtue ethics, teleological theories, egoism theory, relativism theory Moral issues in business: Ethics in Compliance, Finance, Human Resources, Marketing, etc Ethical Principles in Business: introduction, Organization Structure and Ethics, Role of Board of Directors, Best Practices in Ethics Programme, Code of Ethics, Code of Conduct, etc. Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance 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 |
RBI Grade B Economics Syllabus
Candidates who opt for RBI Grade B Economics syllabus shall have to study the subjects that include, Microeconomics, Macroeconomics, International Economics, Public Economics and India’s Economy and Development Issues. The subject wise topics have been listed in the table below:
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RBI Grade B Economics Subjects |
SubTopics |
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Microeconomics |
Consumers behavior and firms; the value of resources like land, labor and capital Markets-monopoly, perfect and imperfect competition General Equilibrium of price and activity, economic welfare and the case for regulatory / policy interventions |
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Macroeconomics |
Measuring national income and its components Basic macro identities and the idea of macro-balance Goods and Financial Market Equilibrium (ISLM Framework) Major macro-economic school of thoughts; Classical, Keynesian and Monetarist Consumption and Investment demand; demand management policies and their effectiveness Money demand and supply; monetary and fiscal policies |
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International Economics |
Benefit of International trade Comparative and absolute advantage Effect of International trade on resources allocation and factor price Page 6 of 10 equalisation Non-conventional trade barriers, optimum currency areas and effect of customs union International finance and exchange rates issues in an open economy, benefits and costs of inter-connected financial markets; Evolution of international financial architecture |
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Public Economics |
Public Goods, instruments of financing, government tax and non-tax revenue Direct and Indirect taxes, efficiency costs of commodity taxes, income taxation, labour supply and savings, corporate taxation and corporate behaviour Government expenditure policy-various components, deficit financing and its impact on the economy, government debt and crowding out of private capital |
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India’s Economy and Development Issues |
India’s experimentations with planned development models and the outcomes, structural issues-savings and investment, demography, urbanization, productivity, etc., issues with poverty, inequality and employment Agriculture- policy and developments, manufacturing competitiveness; what is holding India back, role of public sector enterprises in the key economic sectors, India’s resilient service sector; trade, tourism, communication, ITES, etc. Financial sector regulation and reforms-banking, insurance and capital market, fiscal policy |
RBI Grade B Statistics Syllabus
RBI Grade B statistics syllabus shall have questions based on Probability, Basic Computer Applications, Numerical Analysis, Applied Economic Statistics, Sample Surveys and Design of Experiments, etc. The topics that are included in RBI Grade B statistics are as follows:
- Definition of Probability
- Standard distribution
- Large and small sample theory
- Analysis of Variance
- Estimation
- Testing of Hypotheses
- Bivariate and Multivariate normal distribution
- Functional organization of computers
- Distributed systems
- MINITAB and FORTRAN
- Programming using C
- Multivariate analysis
- Stochastic Processes
- Probability and Sampling
- Linear Models and Economic Statistics
- Statistical Inference: Estimation, Testing of hypothesis and Non-parametric Test
- Stochastic Processes
- Multivariate analysis
- Numerical Analysis and Basic Computer Techniques, etc
RBI Grade B Interview
The interview is the last stage of the RBI Grade B exam 2023. This is an important aspect of the selection of candidates. It is important for all the candidates who qualify RBI Grade B Phase 2 exam to appear for the interview that is for 50 marks. Candidates will be asked questions on banking and finance, and RBI guidelines. job profile, etc. The overall personality of the candidates will be adjudged through this.