How To Prepare For RBI GRADE B 2018?

RBI Grade B is one of the most compititive exams in India. Each 12 months, RBI recruits for round a hundred and fifty posts inside the cadre of Grade B. There had been 145 vacancies in RBI Grade – General (DR) in 2017 in comparison to 163 in 2016 and 134 in 2015. RBI is a brand in itself and there is no need to give an explanation for how prestigious this submit is. U.S. Aspirants, IIM Graduates and such a lot of exceedingly certified candidates write this examination. Considering very much less emptiness and cutthroat opposition, clearing RBI Grade B is the hard nut to crack and this calls for a clever approach, no longer handiest difficult paintings. This yr, RBI is expected to behavior the exam in may also. In this submit, we will talk the have a look at plan which you have to observe to clean this prestigious exam.

Pattern of Examination

There are three tiers of this examination: segment I, section II and Interview. Every stage is an eliminative stage. Segment I is qualifying in nature, i.E. The marks of section i’m able to no longer matter in finding out the very last merit. There may be sectional cut off and common cutoff in segment I at the same time as there is the handiest aggregate reduce off in segment II. The pattern of exam and the cutoff is described beneath:

Phase I – Subjects, Question, Marks & Time

S. No. Name of Subject No. of Questions Maximum Marks Time Duration
1. General Awareness 80 80 Composite time of 2 hours
2. English Language 30 30
3. Quantitative Aptitude 30 30
4. Reasoning Ability 60 60
  Total 200 200

Cut-off for Phase I 2017

Section/ Category General Awareness 
(Max. Marks: 80)
Reasoning Ability 
(Max. Marks: 60)
English Language 
(Max. Marks: 30)
Quantitative Aptitude 
(Max. Marks: 30)
Total Score 
(Max. Marks: 200)
General/ UR 16.50 11.00 6.75 4.00 78.00
OBC 12.50 8.00 5.25 2.50 68.00
SC 11.00 6.75 4.75 2.00 64.00
ST 11.00 6.75 4.75 2.00 64.00
PWD (OH/ HI/ VH) 11.00 6.75 4.75 2.00 64.00

Phase II – Test Name, Paper Type, Marks & Time

S. No. Name of Test Paper Type Maximum Marks Time Allotted
1. Paper I – Economic and Social Issues Objective Test 100 90
2. Paper II – English (Writing Skills) Descriptive Test 100 90
3. Paper III – Finance and Management Objective Test 100 90

RBI Grade B Officer Interview (Phase III)

The last stage is an interview of 50 marks.  The final cut off for Phase II and Interview in 2017 is as given below:

RBI Grade B Phase-II & Interview Final Cutoff 2017 ((DR)-General)

Recruitment Process Cutoff Marks
General OBC SC ST
Aggregate Cut off marks in Paper-I, Paper-II and Paper-III taken together in written examination for shortlisting the candidates for Interview (Out of total 300 marks) 196.75 181.75 175.75 175.75
Aggregate Cut off marks in written examination (Paper-I, II & III) and Interview taken together (out of total 350 marks) obtained by the last recommended candidate with reference to the number of vacancies notified in the advertisement. 245.75 228.00 220.50 211.2

The final cut-off has a variation of 20-30 marks every year. In 2016 it was 225.50; in 2015 it become 244.

Now, What Preparation Strategy You need to Follow is-

Considering you have approximately 4 months to prepare for this exam, we have prepared a study plan for RBI Grade B. Since there is hardly any time given by RBI in between Phase I and Phase II, it is very important to start your preparation keeping in mind both Phase I and Phase II. A generic advice is to sit for regular and gradually increasing hours of study and utilize your weekends and holidays properly.

Closely analyzing the Phase-I exam will make you realize that 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 section includes Static GK, Current Affairs, Banking and other Financial/ Economic news.

In Phase II, ESI needs and F&M Papers need the basic understanding of the subject.

The study plan, irrespective of how expert you are would require you to:

  • Read one newspaper daily
  • Take Current Affairs quiz daily from Gradeup Website/App
  • Read about one Financial Organization (like SIDBI, NABARD, IMF etc.) daily.

This whole exercise would take about 90 minutes. Apart from this:

  • Attempt a 2-hour test for Phase-I once in 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

RBI Grade B Weekly Study Plan for Phase 1 & 2

We will share a plan for 120 days, approximately 17 weeks. Last three weeks are dedicated to self-study, polishing your weak areas and cramming of current affairs and data/statistics/various rankings of India in different indices.

Go through each topic and revise regularly. After you form a concept the try to answer the short questions. When you are done with it, solve the MCQs.

Week 1 Economics Basics – Microeconomics, Macroeconomics, GDP, GNP, Growth, Development

Maths – High Level Data Interpretation

Week 2 Reasoning – High Level Arrangement Questions (go for CAT or SBI PO Level)

English – Grammar , Error Spotting

Finance – Banking System in India, Functions/History of Financial Institutions – SIDBI, EXIM, etc, Banking regulators, Important Acts

Week 3 Management – its nature and scope; The Management Processes; Planning, Organisation, Staffing, Directing and Controlling; The Role of a Manager in an Organisation ( Attempt MCQs from Gradeup Website/App)

Economics  – Benefit of International trade; comparative and absolute advantage; factor price equalization concept in international economics

Week 4 Finance – Financial Markets – Forex, Bond, Equity, Money. Do numerical as well in this week on bonds, derivatives (forwards, futures and swap).
Week 5 ESI – 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.

Maths –  Attempt different types of Number Series Questions

Week 6 Finance – The Economics Survey, 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),
Week 7 Management – 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. Week 8 Reasoning – Puzzles, Input Output, Coding Decoding  Questions (Tough Level)

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 behavior, Government expenditure policy-various components, deficit financing and its impact on the economy, government debt and crowding out of private capital

Week 9 Revision of the 8 weeks + English (Grammar and Essay Writing)+ MCQs on Budget and Economic Survey Week 10 Finance – Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI – components and trends, Corporate Governance in Banking Sector, role of e-governance in addressing the issues of corruption and inefficiency in the government sector.
Week 11 ESI – Globalization – Opening up of the Indian Economy – Balance of Payments, Export-Import Policy – International Economic Institutions – IMF and World Bank – WTO – Regional Economic Cooperation.

Management –  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

Week 12 Finance – Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments  Financial Inclusion- use of technology, Alternate source of finance, private and social cost-benefit, Public Private Partnership

 

Week 13 ESI – 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.

Revision of Current Affairs and Static GK

Week 14 Maths – Profit Loss, Average, SI & CI, Ratio & Proportion, Time & Work, Time, Speed & Distance, Boats & Streams, etc.

Reasoning – Inequality, Syllogism, Assertion Reasons etc.

Revision of Current Affairs and Static GK

 

 

Week 15 Full Length Test for Phase 1 & 2, Current Affairs, Revision of weak areas
Week 16 Full Length Test for Phase 1 & 2, Current Affairs, Revision of weak areas
Week 17 Full Length Test for Phase 1, Current Affairs, Revision of weak areas

 

Happy Learning

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