RBI Grade B Phase 2 Exam Analysis 2024, Check All Questions Asked

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: 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.

15 Marks Questions:

1. Problems Faced By Youth In Terms of Unemployment(15 Marks)
2. Conflict Of Sustainability and Economic Growth
3. a)Transformation Journey Of India with respect to Digital Evolution b) 5 Key Technical Innovation mentioned in the Union Budget

10 Marks Questions:

1. Pros and Cons of AI in the Banking Sector
2. National Industrial Corridor
3. Problems faced by the Economy because of Migration due to Climate Change

Objective Questions:

1. Eco Survey
2. Global Gender Index
3. World Development Report
4. NPS Vatsalya
5. Start Up India Scheme

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.

Reading Comprehension: Based On Customer Relation Management- 6 Questions

Precis Writing: Can AI Replace CEO?

Essay Writing(600 Words)

1. Effect of Migration Due To Climate Change
2. Well Being Of Employees At Work Place

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.

Paragraph Based Questions:

1. Planetary Bodies-4 Questions
2. Millennium Development Goals
3. SEBI Circular
4. Management-Cange in Modal

1 Mark Questions:

1. UPI Circle
2. What can be the amount blocked through UPI?
3. Johari Window
4. Type Of Risk Available in NBFCs
5. Debt Securities
6. Secondary Users Assigned in UPI

10 Marks Questions(400 Words)

1. What are AT-1 Bonds? What makes this bond unique compared to other securities?
2. Factors Affecting Business Ethics
3. Value V/S Growth Investment Strategy

15 Marks Questions(600 Words)

1. Trait Theory and Behavioural Theory
2. Types Of Derivatives
3. 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.