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The Reserve Bank of India (RBI) conducted the Phase 2 exam for the RBI Grade B Officer post on 19 October 2024 (General). This phase is crucial as it tests the candidates’ in-depth knowledge of Economics, Finance & Management and English. Aspirants aiming for an RBI Grade B Officer role require both subject knowledge and analytical abilities. The exam pattern focused not just on facts but also on application-based questions. Candidates’ performance in this phase determines their qualification for the interview round.
RBI Grade B Phase 2 Exam Analysis 2024
The Phase 2 exam had three main sections: Economic and Social Issues (ESI), English (Writing Skills), and General Finance & Management (FM). The questions reflected current economic developments, policy changes, and management concepts, with an emphasis on analytical ability. In English, candidates had to demonstrate excellent writing skills through essays, précis, and comprehension passages. ESI featured several questions linked to social sector schemes and economic reforms, while the FM section included questions on financial concepts and governance practices.
RBI Grade B Phase 2 Exam Analysis 2024: Difficulty Level
Overall, the difficulty level of the exam was Moderate-Difficult. Candidates reported that the ESI section was challenging, particularly the questions based on current affairs and recent policies. English required clarity of thought and precise writing to score well. Finance and Management include case-study-based questions, making it crucial to apply theoretical concepts effectively. Time management also played a key role due to the demanding nature of each section.
RBI Grade B Phase 2 Exam Analysis 2024: Difficulty Level | |
Name Of Paper | Difficulty Level |
Paper-I: Economic and Social Issues | Objective: |
Descriptive: | |
Paper-II: English (Writing Skills) | |
Paper-III: General Finance & Management | Moderate To Difficult |
Overall |
RBI Grade B Phase 2 Exam Analysis 2024: Section-wise Analysis
The exam was well-balanced, testing both theoretical and practical understanding across all sections. ESI had many current-affairs-based questions that required updated knowledge. The English section focused on structured writing, while FM presented a mix of conceptual and case-based questions. Candidates with a thorough preparation strategy could manage all sections effectively.
RBI Grade B Phase 2 Exam Analysis 2024: Economic and Social Issues (ESI)
The ESI section included questions on recent government policies, socio-economic schemes, and reforms. Special focus was on sustainable development, inclusive growth, and financial inclusion.
RBI Grade B Phase 2 Exam Analysis 2024: English (Writing Skills)
Candidates had to write an essay on trending topics, a precis to test summarizing ability, and answer reading comprehension questions that assessed critical thinking and comprehension skills.
RBI Grade B Phase 2 Exam Analysis 2024: General Finance & Management (FM)
The FM section involved questions on financial systems, corporate governance, and human resource management. Case-based questions tested candidates’ practical understanding of management principles.
1 Mark Questions:
- UPI Circle
- What can be the amount blocked through UPI?
- Johari Window
10 Marks Questions:
- What are AT-1 Bonds? Mention their special characteristics with respect to other instruments.
- Factors Affecting Ethics In Business
- Growth v/s Value Investing
15 Marks Questions:
- Trade Theory and Behavioural Theory
- Derivatives and Types
- Communication Channels
RBI Grade B Phase 2 2024 Exam Pattern
The exam was conducted in an online mode, with time-bound sections. Candidates had to navigate a structured pattern with different weightages for each section, ensuring a balanced assessment of knowledge and skills.
RBI Grade B Exam Pattern For Phase 2 | ||||
Name Of Paper | Type | Marks | No. Of Qs. | Duration |
Paper-I: Economic and Social Issues |
50% Objective | 50 | 30 Objective Questions | 30 Minutes |
50% Descriptive | 50 | 4 Descriptive Questions | 90 Minutes | |
Paper-II: English (Writing Skills) |
Descriptive | 100 | 3 | 90 Minutes |
Paper-III: General Finance & Management |
50% Objective | 50 | 30 Objective Questions | 120 Minutes |
50% Descriptive | 50 | 4 Descriptive Questions |