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The Reserve Bank of India will publish the detailed notification for the Grade B examination of 2024 on 18 July 2024. As aspiring candidates eagerly await this notification, understanding the syllabus for the RBI Garde B Exam is crucial for effective preparation.
The exam is known for its rigorous selection process, which tests candidates on a wide range of topics including Economic and social issues, Finance, Management, and more. The recruitment will fill posts of General, DEPR (Department of Economic & Policy Research) and DSIM (Department of Statistics and Information Management). This RBI Grade B Syllabus helps aspirants start their study plan and ensure they are well-prepared for the challenges of the RBI Grade B Exam this year.
RBI Grade B Syllabus & Exam Pattern 2024
To fully understand the RBI Grade B Syllabus 2024, it’s important to know how the exam is set up. Here’s a quick summary of the syllabus. Aspirants can check the table below to see what’s included in the RBI Grade B Syllabus 2024, below is the overview of the RBI Grade B Syllabus and Exam Pattern 2024
| RBI Grade B Syllabus 2024 | |
|---|---|
| Organisation Name | Reserve Bank of India |
| Exam Name | RBI Grade B |
| Category | Syllabus |
| Mode of Exam | Online |
| Selection Process | Phase 1 (Objective), Phase 2 (Descriptive), Phase 3 (Interview) |
| Negative Marking | 0.25 marks (in objective type) |
| Language of Paper | English and Hindi |
| Official Website | rbi.org.in |
RBI Grade B Exam Pattern 2024
Candidates need to focus on key subjects like Quantitative Aptitude, Reasoning Ability, English Language, and General Awareness for the RBI Grade B exam. Additionally, the exam pattern differs for various posts such as General (DR), DSIM, and DEPR. Explore the comprehensive RBI Grade B Syllabus and Exam Pattern for General (DR), DEPR, and DSIM in the article provided.
RBI Grade B Exam Pattern for General (DR)
The RBI Grade B Exam Pattern is generally given in the detailed RBI Grade B Notification. Here the candidates can check the detailed RBI Grade B Exam Pattern for all the stages of the examination. As mentioned above the RBI Grade B Exam has three stages for General (DR). Here is the detailed RBI Grade B Exam Pattern.
RBI Grade B Phase 1 Exam Pattern
Here is the detailed exam pattern for Phase I of the RBI Grade B Exam 2024.
- The RBI Grade B Phase 1 exam consists of a total of 200 questions, with each question carrying one mark.
- The maximum mark possible in the exam is 200 Marks.
- Candidates are given a total of 120 minutes or 2 hours to complete the exam.
- There is a negative marking of 0.25 marks for every incorrect answer marked by the candidate.
- The exam also has a sectional cut-off for each section of the exam, and candidates will have to clear both sectional cut-offs as well as the overall cut-off to qualify for the next stage.
| RBI Grade B Exam Pattern For Phase 1 |
|||
| Name Of The Section | No. Of Questions | Marks | Duration |
| English Language | 30 | 30 | 25 Minutes |
| General Awareness | 80 | 80 | 25 Minutes |
| Quantitative Aptitude | 30 | 30 | 25 Minutes |
| Reasoning | 60 | 60 | 45 Minutes |
| Total | 200 | 200 | 120 Minutes |
Note- The marks scored by candidates in the RBI Grade B Phase 1 exam will not be considered in the final merit list. The merit list will be based on the marks scored by candidates in the Phase 2 exam and the interview round.
RBI Grade B Phase 2 Exam Pattern
The exam pattern of the RBI Grade B exam is both objective and descriptive. Candidates can check the RBI Grade B Phase 2 exam pattern from the table provided below.
| RBI Grade B Exam Pattern For Phase 2 | ||||
| Name Of Paper | Type Of Paper | Time | No. Of Qs | Marks |
| Paper-I: Economic and Social Issues |
50% Objective | 30 Minutes | 30 Objective Questions | 50 |
| 50% Descriptive | 90 Minutes | 4 Descriptive Questions | 50 | |
| Paper-II: English (Writing Skills) |
Descriptive | 90 Minutes | 3 | 100 |
| Paper-III: General Finance & Management |
50% Objective | 120 Minutes | 30 Objective Questions | 50 |
| 50% Descriptive | 4 Descriptive Questions | 50 | ||
RBI Grade B Exam Pattern for DEPR
- The process for selecting candidates for RBI Grade B (DR)- DEPR involves an Online/Written Examination and an Interview.
- In Phase I, Paper I is Objective Type (on Economics), while Paper II is Descriptive Type (on English). In Phase II, Paper I & Paper II are Descriptive Types (on Economics).
- Candidates must score the minimum aggregate marks in Paper I, II of Phase I, to be shortlisted for Paper II Exam.
- The final selection will be based on the candidate’s performance in Phase I, II, and the Interview round. The Interview round will carry 75 marks.
| RBI Grade B Exam Pattern For DEPR | |||
| Phase | Name Of Paper | Duration | Maximum Marks |
| Phase I | Paper – I Objective Type (on Economics)
Paper – II English – Descriptive |
120 Minutes | 100 |
| 120 Minutes | 100 | ||
| Phase II | Paper – I Descriptive Type (on Economics) (Question paper displayed on computer, answers to be written on paper)
Paper – II Descriptive Type (on Economics) (Question paper displayed on the computer, answers to be written on paper) |
120 Minutes | 100 |
| 120 Minutes | 100 | ||
| Total | 400 | ||
RBI Grade B Exam Pattern For DSIM
- The process for selecting candidates for RBI Grade B (DR)- DSIM involves an Online/Written Examination and an Interview.
- The Examination consists of three papers. Paper I is Objective Type (on Statistics), while Paper II and III are descriptive types.
- Candidates must score the minimum aggregate marks in Paper I as prescribed, to be shortlisted for Paper II/III based on their Paper I scores.
- The final selection will be based on the candidate’s performance in Paper I, II & III, and the Interview round. The Interview round will be carried for 75 marks.
| RBI Grade B Exam Pattern for DSIM | |||
| Paper | Duration | Marks | |
| Phase I | Paper-I Statistics (Objective Type) | 120 minutes | 100 |
| Phase II | Paper-II Statistics (Descriptive Type)
(Question paper displayed on a computer, answers to be written on paper) |
180 minutes | 100 |
| Paper-III English (Descriptive) (To be typed with the help of a keyboard) |
90 minutes | 100 | |
| Total | 300 | ||
RBI Grade B Syllabus for DR (General)
RBI Grade B Syllabus 2024 for Phase 1 has four subjects. You can access here the section-wise syllabus for RBI Grade B.
- English Language
- General Awareness
- Quantitative Aptitude
- Reasoning Ability
RBI Grade B Phase I Syllabus For General (DR)
RBI Grade B Syllabus 2024 for Phase I General (DR) comprises a total of four sections: English Language, Reasoning Ability, Quantitative Aptitude, and General Awareness. Here is the detailed RBI Grade B Syllabus topic-wise distribution for the phase 1 exam.
| RBI Grade B Syllabus For Phase I General (DR) | |||
|---|---|---|---|
| English Language | Reasoning Ability | Quantitative Aptitude | General Awareness |
| Reading Comprehension | Puzzles | Data Interpretation | Indian Banking Systems |
| Cloze Test | Seating Arrangements | Inequalities (Quadratic Equations) | Indian Financial Systems |
| Fillers | Direction Sense | Number Series | Govt. Schemes and Policies |
| Error Detection | Blood Relation | Approximation or Simplification | Current Affairs |
| Vocabulary based questions | Syllogism | Data Sufficiency | Static Awareness |
| Sentence Improvement | Order and Ranking | Miscellaneous Arithmetic Problems | Monetary Plans |
| Jumbled Paragraph | Coding-Decoding | Quantity Comparison (Q1 & Q2) | National Institutions |
| Phrase Replacement/ Phrase Correction | Machine Input-Output | Banking Terms | |
| Match The Column | Inequalities | ||
| Word Swap | Alpha-Numeric-Symbol Series | ||
| Word Rearrangement | Data Sufficiency | ||
| Idioms | Logical Reasoning (Passage Inference, Statement, Assumption, Conclusion, Argument) |
||
| Paragraph /Sentences Restatement | |||
| Paragraph Based Questions | |||
| Paragraph Fillers | |||
RBI Grade B Phase II Syllabus For General (DR)
In the Phase 2 exam of the RBI Grade B officer, there are 3 Papers viz.
- Paper I (Economic and Social Issues)
- Paper II (English Writing Skills)
- Paper III (General Finance and Management)
We have shared the detailed updated RBI Grade B Syllabus for Phase 2.
RBI Grade B Syllabus For Phase II Paper 1 General (DR): Economic and Social Issues
The detailed topic-wise syllabus for RBI Grade B Phase 2 Paper I for Economic and Social Issues is provided below:
|
Syllabus For Economic and Social Issues |
|
| Category | Key Topics |
| Growth & Development | National Income & Per Capita Income |
| Poverty Alleviation & Employment | |
| Sustainable Development & Environment | |
| Economic Landscape | Economic History |
| Industrial & Labor Policy Changes | |
| Monetary & Fiscal Policy (Post-1991 Reforms) | |
| Economic Survey & Union Budget Priorities | |
| Financial System | Money & Financial Markets |
| Role of Banks & Reserve Bank of India | |
| Public Finance | |
| Political Economy’s Influence | |
| Economic Sectors | Industrial Developments |
| Importance of Agriculture | |
| Services Sector Growth | |
| Globalization | Opening Up of Indian Economy |
| Balance of Payments Explained | |
| Export-Import Policy | |
| International Economic Institutions (IMF, World Bank, WTO) | |
| Regional Economic Cooperation & International Issues | |
| Social Structure | India’s Multiculturalism |
| Demographic Trends & Analysis | |
| Urbanization & Migration Impact | |
| Gender Issues & Social Justice | |
RBI Grade B Syllabus For Phase II Paper 2 General(DR): English Writing Skills
The RBI Grade B Syllabus 2024 for Phase 2 Paper II will be descriptive. The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic
RBI Grade B Syllabus For Phase II Paper 3 General(DR): General Finance and Management
The RBI Grade B Syllabus 2024 for Phase 2 and Paper III includes General Finance and Management. We have shared the detailed topic-wise syllabus for the convenience of the aspirants:
|
Syllabus For Finance and Management |
|
| Category | Topics |
| Financial System | Structure and Functions Of Financial Institutions |
| Functions Of the Reserve Bank of India | |
| Banking System in India – Structure and Developments, Financial Institutions – SIDBI, EXIM Bank, NABARD, NHB, NaBFID etc. | |
| Recent Developments in the Global Financial System and its Impact on the Indian Financial System | |
| Role Of Information Technology in Banking and Finance | |
| Non-Banking System | |
| Developments in Digital Payments | |
| Financial Markets | Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), function, instruments, recent developments. |
| General Topics | Financial Risk Management |
| Basics of Derivatives | |
| Global financial markets and International Banking-broad trends and latest developments | |
| Financial Inclusion | |
| Alternate source of finance, private and social cost-benefit, Public-Private Partnership | |
| Corporate Governance in the Banking Sector | |
| The Union Budget – Concepts, approach and broad trends | |
| Basics of Accounting and Financial Statements- Balance Sheet, Profit and Loss, Cash Flow Statements, Ratio Analysis | |
| Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI -components and trends; striking a balance between inflation and growth through monetary and fiscal policies. | |
| Management | Fundamentals of Management & Organizational Behaviour |
| Introduction to management; Evolution of management thought | |
| Management functions and Managerial roles | |
| Meaning & concept of organizational behaviour; Personality: meaning, factors affecting personality, Big Five model of personality | |
| Perception: concept, perceptual errors. Motivation: Concept, importance, Content theories and process theories | |
| Leadership: Concept, Theories | |
| Emotional Intelligence: Concept, Importance, Dimensions | |
| Analysis of Interpersonal Relationship | |
| Conflict: Concepts, Sources, Types, Management of conflict | |
| Organizational Development (OD) | |
| Ethics At The Workplace and Corporate Governance | |
| Meaning of ethics, why ethical problems occur in business | |
| Theories of ethics | |
| Ethical principles in Business | |
| Corporate Governance | |
| Communication | |
RBI Grade B Syllabus for DEPR
The syllabus for RBI Grade B (DR) DEPR is as per the specialization. The syllabus pertains to core economics and is generally similar to the syllabus for a Master’s Degree in economics.
| RBI Grade B Syllabus for DEPR | |
|---|---|
| Category | Topics |
| Financial System | Structure and Functions Of Financial Institutions |
| Functions Of the Reserve Bank of India | |
| Banking System in India – Structure and Developments, Financial Institutions – SIDBI, EXIM Bank, NABARD, NHB, NaBFID etc. | |
| Recent Developments in the Global Financial System and its Impact on the Indian Financial System | |
| Role Of Information Technology in Banking and Finance | |
| Non-Banking System | |
| Developments in Digital Payments | |
| Financial Markets | Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), function, instruments, recent developments. |
| General Topics | Financial Risk Management |
| Basics of Derivatives | |
| Global financial markets and International Banking-broad trends and latest developments | |
| Financial Inclusion | |
| Alternate source of finance, private and social cost-benefit, Public-Private Partnership | |
| Corporate Governance in the Banking Sector | |
| The Union Budget – Concepts, approach and broad trends | |
| Basics of Accounting and Financial Statements- Balance Sheet, Profit and Loss, Cash Flow Statements, Ratio Analysis | |
| Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI -components and trends; striking a balance between inflation and growth through monetary and fiscal policies. | |
| Management | Fundamentals of Management & Organizational Behaviour |
| Introduction to management; Evolution of management thought | |
| Management functions and Managerial roles | |
| Meaning & concept of organizational behaviour; Personality: meaning, factors affecting personality, Big Five model of personality | |
| Perception: concept, perceptual errors. Motivation: Concept, importance, Content theories and process theories | |
| Leadership: Concept, Theories | |
| Emotional Intelligence: Concept, Importance, Dimensions | |
| Analysis of Interpersonal Relationship | |
| Conflict: Concepts, Sources, Types, Management of conflict | |
| Organizational Development (OD) | |
| Ethics At The Workplace and Corporate Governance | |
| Meaning of ethics, why ethical problems occur in business | |
| Theories of ethics | |
| Ethical principles in Business | |
| Corporate Governance | |
| Communication | |
RBI Grade B Syllabus for DEPR
The syllabus for RBI Grade B (DR) DEPR is as per the specialization. The syllabus pertains to core economics and is generally similar to the syllabus for a Master’s Degree in economics.
Phase 1: Paper 1 Objective Type (on Economics)
|
Economics |
|
| Module | Topics |
| Microeconomics | Theories of consumer’s demand; Production; Market Structures and Pricing; Distribution; and Welfare Economics |
| Macroeconomics | Theories of Employment, Output and Inflation; Monetary Economics; ISLM Model; Schools of Economic Thought |
| International Economics | Theories of International Trade; Balance of Payments; Exchange Rate Models |
| Theories of Economic Growth | Classical neo-classical approaches to economic growth and major theories of economic development |
| Public Finance | Theories of taxation and public expenditure and Public Debt Management |
| Environmental Economics | Green GDP, Environmental Valuation, Environmental policy instruments |
| Quantitative Methods in Economics | Mathematical and Statistical Methods for Economics, Ordinary Least Square Regression |
| Current Developments in the Indian Economy | Growth, inflation, poverty, unemployment, financial sector developments, external sector developments, fiscal developments, agriculture, industry, infrastructure, and services |
Phase 1: Paper 2 Descriptive Type (in English)
The English paper will evaluate the candidate’s writing abilities, including their expression and comprehension of the given topic.
Phase 2: Paper 1 Descriptive Type (on Economics)
Microeconomic Module
|
Microeconomic Module |
|
| Topic | Description |
| Consumer Theory | Cardinal and Marginal Utility Analysis, Consumer Surplus, Indifference Curve Analysis, Price, Income and Substitution Effects, Game Theory |
| Production Theory | Forms of Production function; Laws of Returns to Scale; Partial Equilibrium Vs General Equilibrium Analysis |
| Market Theory | Pricing under different market structures |
| Distribution Theories | Ricardo, Marx, Kalecki, and Kaldor |
| Welfare Economics | Pareto Optimality, Schools of Welfare Thought including Arrow, Coase, and Sen |
Macroeconomic Module
|
Macroeconomic Module |
|
| Topic | Description |
| National Income Accounting | Various methods for measurement of National Income |
| Theory of Employment and Output | Classical and Neo-classical approaches, Keynesian theory of Employment and output, Post-Keynesian developments, Business Cycles |
| Inflation | Types of Inflation, Philip’s curve, Taylor’s Rule, Lucas Critique |
| Money and Banking | Quantity theory of Money, Neutrality of money, IS-LM Model and AD-AS Models, Money Multiplier, Monetary Policy |
| Theories of Economic Growth | Theories of growth, Classical and neoclassical approaches, Theories of Economic Development |
| International trade and Balance of payments | Theories of international trade, Determination of exchange rates, Impossible Trinity |
| Public Finance | Theories of taxation, Theories of public expenditure, Theories of public debt management |
Phase 2: Paper 2 Descriptive Type (on Economics)
Module on Quantitative Methods in Economics
|
Module on Quantitative Methods in Economics |
|
|
Topic |
Description |
|
Mathematical Methods in Economics |
Differentiation and Integration, Optimisation, Sets, Matrices, Linear algebra and Linear programming |
| Statistical Methods in Economics | Measures of central tendency and dispersions, Probability, Time series, and Index numbers. |
| Econometrics and Advanced Applications | Regression analysis, Panel data econometrics, Time Series econometrics, Basics of Bayesian Econometrics, Basic application of Artificial Intelligence/ Machine Learning |
The module on Indian Economy – Policy and Trends
|
The module on Indian Economy – Policy and Trends |
|
|
Topic |
Description |
| Fiscal policy in India | Evolution, scope and limitations, current trends |
| Monetary Policy in India | Evolution, Functions of the Reserve Bank of India, MonetaryFiscal coordination, Inflation targeting, Operating framework of Monetary Policy, Current trends |
| Banking and financial sector development in India | Banks and other constituents of Indian financial markets and related developments, Current trends |
| Inflation in India | Trends and drivers |
| External sector developments in India | Exchange rate management, external debt, Balance of payments, Current trends |
RBI Grade B Syllabus For DSIM
RBI Grade B Syllabus 2024 for DSIM comprises three papers: Paper 1, Paper 2, and Paper 3. Candidates aspiring for the RBI Grade B 2024 DSIM Posts must be familiar with the topics to be covered in each of the papers.
Paper 1
|
Paper 1 |
|
| Module | Topics |
| Probability and Sampling | Definition of Probability, Standard distribution, Large and small sample theory, Analysis of Variance, Estimation, Testing of Hypotheses, Multivariate analysis, and Stochastic Processes |
Paper 2
Questions would cover (i) Probability and Sampling, (ii) Linear Models and Economic Statistics, (iii) Statistical Inference: Estimation, Testing of hypothesis and Non-parametric Test, (iv) Stochastic Processes, (v) Multivariate analysis, (vi) Econometrics and time series, (vii) Statistical computing; and (viii) Data Science, Artificial Intelligence and Machine Learning Techniques.
Candidates will have ample options to answer the mandatory number of questions from a minimum of three out of the eight groups mentioned above. Here is the detailed syllabus for RBI Grade B Syllabus for DSIM.
|
Paper 2 |
|
| Module | Topics |
| Probability and Sampling | Theory of Probability and Probability Distributions, Sampling Theory |
| Linear Models and Economic Statistics | Simple linear regression, Multiple regression, Measurement of economic inequality |
| Statistical Inference | Estimation, Testing of Hypothesis and Non-Parametric Test |
| Stochastic Processes | Poisson Processes, Markov Chains, Brownian Motion |
| Multivariate Analysis | Multivariate normal distribution, Canonical correlation analysis, Principal components analysis, Factor analysis and cluster analysis |
| Econometrics and Time Series | General linear model, Autocorrelation, Simultaneous linear equations model, Box-Jenkins models, ARCH/GARCH models |
| Statistical computing | Simulation techniques, Resampling methods, Robust linear regression, Neural Networks, Association Rules, Markov Chain Monte Carlo |
| Data Science, Artificial Intelligence and Machine Learning Techniques | Supervised and unsupervised pattern classification, Regression and Classification algorithms, Neural Networks, Natural Language Processing |
Paper 3: English
The English paper will be designed to evaluate the candidate’s writing abilities, including their expression and comprehension of the given topic.
RBI Grade B Interview Round
The RBI Grade B Interview Round is the final phase of the recruitment process. Following the online examination, candidates who qualify receive a separate Interview Call Letter on their registered Email ID. The Board sets a minimum aggregate cut-off based on various factors to determine who will proceed to the Interview stage.
During the Interview, which carries a total of 75 marks, candidates have the flexibility to choose either Hindi or English as the language of their preference. This choice allows candidates to comfortably communicate and showcase their skills and knowledge relevant to the position.
Before the RBI Grade B Interview Round, candidates are required to undergo a Personality Assessment, which is conducted by the Reserve Bank of India. Unlike the Interview, this assessment does not contribute to the final selection criteria as no marks are allocated for it.
Overall, the Interview phase plays a crucial role in the selection process, where candidates are evaluated based on their performance in both the online examination and their interaction during the Interview session.
RBI Grade B Selection Process 2024
The information on the RBI Grade B Selection Process 2024 is as important as the RBI Grade B Syllabus 2024 and Exam Pattern. Only after the candidates have clarity on selection can they truly understand the RBI Grade B Syllabus 2024 and exam pattern. Here is the detailed selection process for the RBI Grade B Exam.
| RBI Grade B Selection Process 2024 | |||
|---|---|---|---|
| Exam Stages | General (DR) | DEPR | DSIM |
| Phase-I | Phase – I – Online Examination | Phase – I – Paper I & II Online Examination | Phase – I – Paper I Online Examination |
| Phase-II | Phase – II – Paper I, II & III Online Examination | Phase – II – Paper I & II Written Examination | Phase – II – Paper II & III Online/Written Examination |
| Interview | Yes | Yes | Yes |
| Related Posts: |
|
| RBI Grade B Salary 2024 | RBI Grade B Previous Year Papers |
| RBI Grade B Cut Off 2024 |
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