Know The Syllabus & Booklist of RBI Grade B 2020 Exam | RBI Grade B Books  

RBI Grade B Exam is conducted by Reserve Bank of India to recruit RBI Grade B officers in Common Seniority groups. It is one of the most prestigious banking exams in India as it offers direct recruitment at managerial level in the central bank of India. In this article, we will inform you about RBI Grade B 2020 syllabus so that you can schedule your study plan and start preparing for RBI Grade B Exam 2020.

RBI Grade B Exam 2020 will be conducted in three phases:

  • Phase I (Prelims) 

  • Phase II (Mains)

  • Interview Round

RBI Grade B 2020 Prelims: 

RBI Grade B Prelims consists of 200 questions carrying 200 marks spread across four sections viz Maths, Logical Reasoning, English and General Awareness. A composite time of 120 minutes or 2 hours is allocated for Prelims wherein candidates can traverse across the section to complete the exam within the stipulated time. 

Candidates will have to qualify sectional cutoff as well as an overall cutoff to qualify for the Phase II or the RBI Grade B Mains. RBI Grade B Prelims is qualifying in nature which means the score of Prelims will NOT add up in final merit. 

RBI Grade B Syllabus For Prelims 

The syllabus for each of the section is given below: 

Subject

Syllabus

Quantitative Aptitude

Simplification, Profit & Loss, Mixtures & Allegations, Simple Interest, Compound Interest, Surds & Indices, Work & Time

Time & Distance, Mensuration, Cylinder,, Cone, Sphere, Data Interpretation

Ratio & Proportion, Percentage, Number Systems, Sequence & Series

Permutation, Combination & Probability

Logical Reasoning

Logical Reasoning, Alphanumeric Series, Ranking/Direction/Alphabet Test, Data Sufficiency, Coded Inequalities, Seating Arrangement, Puzzle, Tabulation, Syllogism

Blood Relations, Input Output, Coding Decoding

English 

Reading Comprehension, Cloze Test, Para jumbles, Fill in the blanks, Multiple Meaning /Error Spotting, Paragraph Completion

General Awareness

Current Affairs, Indian Financial Systems, Indian Banking Systems, Monetary Plans, National Institutions, Banking Terms

RBI Grade B Books For Prelims

You can refer to the following books for the preparation of RBI Grade B 2020 Prelims: 

  1. Logical Reasoning

  • Verbal and Non-Verbal Reasoning by R.S. Aggarwal

  • Analytical Reasoning by M.K. Pandey

  1.  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

  1.  Quantitative Aptitude

  • Magical Book on Quicker Maths by M. Tyra

  • How to Prepare for Quantitative Aptitude for CAT written by Arun Sharma

  • Quantitative Aptitude for Competitive Examinations written by R.S. Agarwal

  1. Banking Awareness

  • Banking Awareness by Arihant Experts

  • Banking Awareness for SBI and IBPS Bank Clerk/PO/RBI Exams/RRB by Disha Experts

Instead of going through so many books, you can also rely on books and materials provided by Career Launcher. The study material is prepared keeping in mind the latest trends in the exam and hence offers a very exhaustive approach for the preparation of RBI Grade B Exam. 

RBI Grade B Phase II (Mains)

RBI Grade B Phase II (Mains) is held at a gap of 15 days from Prelims. Hence, it is advised that candidates prepare for both prelims and mains simultaneously. There are three sections for RBI Grade B (Mains) viz Economic & Social Issues, English (Writing Skills) and Finance & Management. While ESI and FM are objective papers, candidates are required to type the answers for English as it is done to assess the writing skills of the candidates. Each section is of 100 marks each and time allocated is 90 minutes for each section. 

RBI Grade B Syllabus For Mains 

The syllabus for RBI Grade B Phase II (Mains) is mentioned below:

Subject

Syllabus

Economic & Social Issues

  • Growth and Development

  • Measurement of growth: National Income and per capita income 

  • 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. Globalization

  • Opening up of the Indian Economy

  • Balance of Payments, Export-Import Policy

  • International Economic Institutions

  • IMF and World Bank 

  • WTO 

  • Regional Economic Co-operation. 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

English (Writing Skills)

No predefined syllabus. However, the paper will be designed in a manner to assess the writing skills of the candidate.

Finance & Management

  1. Finance 

  •  Financial System : Regulators of Banks and Financial Institutions ; Reserve Bank of India- functions and conduct of monetary policy, Banking System in India, Financial Institutions – SIDBI, EXIM, NABARD, NHB, etc. 

  • Financial Markets : Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments. (c) 

  • General Topics : 1. Risk Management in Banking Sector. 2. Basics of Derivatives: Forward, Futures and Swap 3. Changing Landscape of Banking sector 4. Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments 5. Financial Inclusion- use of technology 6. Alternate source of finance, private and social cost-benefit, Public-Private Partnership 7. Corporate Governance in Banking Sector, role of e-governance in addressing the issues of corruption and inefficiency in the government sector. 8. 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), 9. Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI - components and trends.

  1. Management: its nature and scope; The Management Processes; Planning, Organisation, Staffing, Directing and Controlling; The Role of a Manager in an Organisation. 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. 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.

Suggested booklist for RBI Grade B Mains

For RBI Grade B Phase II (Mains), the suggested booklist is offered by RBI itself. Following are the books that you must refer to while preparing for Mains:

  1.  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

Magazines/Bulletins:

  • Economic and Political Weekly

  • Southern Economist

  • Yojana

  • Business India

  • RBI Bulletins

Newspapers:

  • Economic Times

  • Hindu

  • Business Standard

Reports:

  • World Development Report

  • Economic Survey of India

2. Finance Management Booklist

  • 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

If you’re on time-crunch and still want to ensure a rank in RBI Grade B Exam 2020, get enrolled in our exhaustive course prepared by the experts to excel in the RBI Grade B exam. Get in touch with our course counselors to get complete guidance on the preparation strategy for this coveted banking exam.

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