RBI is a brand in itself and there is no need to explain how prestigious this post is. UPSC aspirants, IIM Graduates and so many highly qualified candidates write this exam. Considering very less vacancy and cut throat competition, clearing RBI Grade B is the hard nut to crack and this requires a smart strategy, not only had work. Check here for RBI Grade B smart study plan.
Pattern of Examination
There is three stages of this examination i.e. Phase 1, Phase 2 and Interview.
It is advisable to simultaneously prepare for the Phase-1 and Phase-2 exams, instead of waiting for Phase-1 exam to get over and then beginning with Phase-2 preparation.
A well organized study plan is a must have thing while starting your preparation. Once should know, what and from where he started to work on the weak and strong points can help you get through the RBI Grade B exam. Prepare a study plan which covers all the important topics with more emphasis on your weak points. Take the help of previous years question papers and Mock Tests to get the idea about the expected exam pattern. Check how you start your preparation with a study plan. Check study plan and start your preparation accordingly to manage time for each section, Accuracy and Speed.
We have prepared a study plan for RBI Grade B. Since there is hardly any time given by RBI in between Phase 1 and Phase 2, it is very important to start your preparation keeping in mind both Phase 1 and Phase 2. Generic advice is to sit for regular and gradually increasing hours of study and utilize your weekends and holidays properly.
Closely analyse the Phase 1 exam, this will make you realize that the General Awareness section holds the key to success. It carries 80 marks and from the total 120 minutes, you can solve this section is less than 20 minutes. So in terms of value addition, this is the most scoring section of all. The GA (General Awareness) section includes Static GK, Current Affairs, Banking, and other Financial/Economic news.
|Subject||No. Of questions||Marks|
RBI Grade B Books For Phase-1
The book list for each subjects is given below:
- Logical Reasoning :
- Verbal and Non-Verbal Reasoning by R.S. Agarwal
- Analytical Reasoning by M.K. Pandey
- English Language:
- Word Power Made simple by Norman Lewis
- Objective General English by S.P.Bakshi
- High School Grammar and Composition by Wren and Martin
- Quantitative Aptitude:
- Magical Book on Quicker Maths by M. Tyra
- How to Prepare for Quantitative Aptitude for Competitive Examinations written by R.S. Agarwal
- Banking Awareness :
- Banking Awareness by Arihant Experts
- Banking Awareness for SEBI and IBPS Bank Clerk/PO/RBI Exams/RRB by Disha Experts
In Phase 2, ESI needs and F&M Papers need a basic understanding of the subject.
|Name of the paper||Type of the paper||Duration(in minutes)||Marks|
|Paper 1 Economic & Social issues||Objective type||90||100|
|Paper 2 English (Writing Skills)||Descriptive||90||100|
|Paper 3 Finance & Management||Objective type||90||100|
RBI Grade B Books for Phase 2
The book list for RBI Grade B books for the phase 2 exam is given below:
- Economic and Social Issues Books:
- Indian Economy: Uma Kapila (Series of Books)
- Indian Economy: Mishra Puri. (Latest Edition)
- Growth And Development: Devraj Ray
- Sociology: C.N. Shankar Rao
Other Prep Material
- Economic and Political Weekly
- Southern Economist
- Business India
- RBI Bulletins
- Economic Times
- Business Standard
- World Development Report
- Economic Survey of IndiaFinance Management:
The RBI has suggested some prep material specifically for topics related to finance:
- An introduction to Economics – A W Stonier and DC Hauge
- Monetary Theory and Public Policy – Kenneth Kurihara
- Indian Economy – Mishra and Puri
- Indian Economy – R. Dutt and KPM Sundaram
- Economic Growth and Development – Mayer and Baldwin
- Major economic newspapers and Economic and Political Weekly
- Public Finance – K K Andley and Sundaram
- Financial Management – Prasanna Chandra
This study plan, irrespective of how expert you are would require you to:
- Read one newspaper daily
- Take Current Affairs Quiz Daily from Entri app.
- Read about one Financial Organisation(like SIDBI, NABARD, IFM, etc.) Daily.
The whole exercise would take about 90 minutes. Apart from this:
- Attempt a 2-hours test for Phase-1 once a week till the notification isn’t out, daily when notification is out.
- Read Yojana once in a month.
Monthly current affairs from 2-3 different sources, once in a month.
If you are not sure about the manuals, one of the best ways is to get enrolled with an online course that can help in getting the right manuals for the preparation.
It is quite obvious to get anxious for the exam for which thousands of candidates will be appearing. But with a systematic approach and with the best preparation methods, you can surely pass through the selection procedures with flying colors.