The RBI Grade B exam is conducted every year and is considered one of the most prestigious job roles in the public sector. Topping this exam opens the doorway to many more choices. Hardik Mehta was one such candidate whose AIR rank was 1 in 2016.
He was a student of MBA from Symbiosis School of Banking and Finance. He was also the topper of AIMA’s Management Aptitude Test or MAT. He had also cleared The UGC NET in his first attempt and pursued CAIIB (Treasury Management, 1st class). He also scored over 90% in different certifications from NCFM like Capital Markets, Options, Banking, Commodity Markets etc.
He has shared his strategy to ace the exam and the resources and materials which he followed to achieve this feat.
According to Hardik Mehta, time management is the most crucial part of acing the paper. He attempted 70 questions from the GK section in exactly 10 minutes. The rest of the time was shuffled for the Quantitative analysis and Reasoning section. He rigorously solved mock tests from different sources and this was his sole strategy for Phase-I preparation. Through practice, he improved his time management and accuracy, even though he found the difficulty level of the mock tests high.
Here are a few tips he has shared about preparing for the exam:
The phase-I exam is an eliminatory exam which means the score will not have much importance in the final merit list. Hence, according to Hardik Mehta, it is wiser to secure more than enough to meet the cut-off of the Phase-I paper and dedicate more time to prepare for Phase-II.
For Phase-II as well, Mehta appeared for mock tests regularly to assess his preparation and improve on his speed and accuracy. He emphasises on the score analysis that you get after every mock test and recommends studying them thoroughly to determine your progress. On the year he appeared for the exam, RBI had made a last minute change in Phase-II exam pattern, ten days before the exam commenced. If such situations arise in your year of attempt, practising updated mock tests which follow the new pattern is elemental according to Mehta.
Some advises that Hardik has for the next generation of aspirants regarding Phase-II exam are as follows:
The last three books are by McGraw HIll Publications. Apart from these there is another book for UGC NET Management which is notable for MCQs on Finance and Management and recommended by Hardik Mehta.
It is likely that many of the aspirants are not already familiar with banking terms and glossary. While reading the books, when you come across any such term take the help of the internet. According to Mehta, the combined help of the books, Mock tests and the internet proved to be the most fruitful for him.
There is no hard and fast syllabus for the interview round which actually makes it trickier. However, from his experience at the interview, Hardik has gathered some sound advice for the next generation of aspirants:
The exam proves to be easier for candidates who have exposure to the banking and finance section but with proper strategy, practice and dedication, students from a non-finance background can ace the exam very well. Mehta emphasises particularly on taking mock tests, irrespective of whether you have a finance or non-finance background.
*The article might have information for the previous academic years, please refer the official website of the exam.