RBI Grade B 2020 Exam Pattern (Section Wise), Marking Scheme, Syllabus and Books

Updated On -

Aug 31, 2020

Anam Shams's profile photo

Anam Shams

Content Curator

RBI Grade B 2020 Exam Pattern is decided by the exam authority of Reserve Bank of India. The exam is conducted in three phases – Preliminary exam, Main Exam, and Interview round. RBI Grade B Prelims will be conducted on November 9 while the Main exam will be held on December 1 and 2, 2020. RBI Grade B Syllabus for Phase I is consisting of four segments and these are Reasoning Ability, General Awareness, and English Language, Quantitative Aptitude. 

Go through and practice Sectional Test: Phase II before the exam 

Latest: RBI Grade B 2020 Application Forms are available from September 21 – October 11, 2020.

  • In Phase 1, prelims exam, Multiple choice questions are asked from General Awareness, English Language, Quantitative Aptitude, and Reasoning subjects. 
  • RBI Grade B Main exam has three separate papers on Economic and Social Issues, English Language and Finance and Management.
  • Candidates qualifying Phase I and Phase II will have to face interview round carrying 50 marks.
  • Final Merit List will be formulated based on the marks of Main exam and interview. 
  • Duration will vary for both the exams. Negative marking is applicable for both the papers of RBI Grade B.
Prepp Test Series
Read the article to know RBI Grade B exam pattern details such as number of questions, mode of examination, total marks, number of sections, marking scheme, syllabus etc.

Check and Practice Current Affairs 2020 as much as possible for free

RBI Grade B 2020 Exam Pattern Highlights

The following table highlights some of the important aspects of RBI Grade B Exam Pattern 2020:

Exam Mode Online
Number of Phases 3 – Preliminary, Main exam and Interview
Number of Sections

Phase I – 4 sections (General Awareness, English Language, Quantitative Aptitude and Reasoning)

Phase II – 3 sections (Economic and Social Issues, English, Finance and Management)

Phase III – Interview Round 

Question Paper Type

Phase I – Objective

Phase II – Objective and Subjective

Total Marks

Phase I – 200 Marks

Phase II – 300 Marks

Phase III (Interview) - 50 Marks

Exam Duration

Phase I – 2 Hours

Phase II – 1.5 Hours (Each Paper)

Exam Language English and Hindi

RBI Grade B 2020 Exam Pattern

  • RBI Grade B will be conducted in online mode that is computer based test.
  • Except English language section, the paper will be set bilingually in English and Hindi.
  • RBI Grade B exam pattern and difficulty level vary for Prelims and Main exam as shown below:

RBI Grade B Exam Pattern for Prelims Exam

RBI Grade B Prelims exam will have 200 multiple choice questions of 200 marks with a total time constraint of 120 minutes. Exact number of questions and duration for each section is not specified but there will be specific sectional duration. An information bulletin will be released along with RBI Grade B Admission Letter which will specify the sectional duration. Also, candidates need to clear sectional cutoff as well as overall cutoff to qualify for main exam.

Subjects Number of Questions Maximum Marks Duration

General Knowledge, 

English Language, 

Reasoning Ability, 

Quantitative Aptitude

200 200 2 hours
Total 200 Questions 200 Marks 120 minutes

RBI Grade B Exam Pattern for Main Exam

There are three separate papers in RBI Grade B Main exam. It will be held in multiple shifts, candidates will have to appear in all shifts and separate admission letter will be issued for each shift. The English paper is a descriptive test whereas Economics and Social Issues and Finance and Management papers will be objective in nature. 

Paper Type of Paper Maximum Marks Duration
Economics and Social Issues Objective  100 90 minutes
English (Writing skills) Descriptive  100 90 minutes
Finance and Management Objective 100 90 minutes
Total 3 Papers 300 Marks 4 hours 30 minutes

Check RBI Officer Grade B (Phase I) during the preparation time

RBI Grade B Interview (Phase-III)

  • Based on the aggregate score obtained in Main exam (Paper-I +Paper-II +Paper-III), candidates will be invited for the interview round.
  • RBI will decide the minimum cutoff which must be cleared by candidates in order to be shortlisted for the Interview round.
  • RBI will publish the result in PDF format containing the roll number of candidates shortlisted for the interview.
  • Candidates will receive interview call letters on their registered email ID.
  • RBI Grade B Interview round will of 50 marks.
  • Candidate can choose the medium for interview amongst Hindi or English languages.
  • Final Selection will be based on candidate’s performance in Main examination and interview.

RBI Grade B Marking Scheme

  • The exam follows a uniform marking scheme for whole test.
  • For every correct answer, you will be awarded 1 mark
  • 0.25 marks will be deducted for every wrong answer
  • For any Unattempted questions, no marks will be deducted.

Check How is RBI Grade B Scored?


RBI Grade B 2020 Syllabus

RBI Grade B 2020 Syllabus is based on the graduation curriculum. Candidates can check the important topics in the tables below from each subject included in Phase I and II.

RBI Grade B Syllabus for Prelims 

English Quantitative Aptitude Reasoning General Awareness
Grammar Mensuration Puzzles Banking & Financial Awareness
Vocabulary Time and Work Seating Arrangement Monetary Policies
Error Spotting Average, Ratio, Percentages Directions and Distance Economic Terms
Comprehension Speed, Distance and Time Data Sufficiency Current Affairs
Passage Making Mixture and Allegations Blood Relations Financial & Economics News
Jumble Words Permutation and Combination Syllogism Static GK
Fill in the Blanks Data Interpretation Coding Decoding Government Schemes, Agreement & Deals
Sentence Framing Probability Inequality Banking terms, rates, processes

RBI Grade B Syllabus for Main Exam

Paper-I: Economic and 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.

Paper-II: English (Writing Skills)

The English paper will be designed to test the writing skills of candidates including expression and understanding of the topic. Download RBI Grade B Sample Papers

Paper-III -Finance and Management:

(I) Finance

(a) 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.

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

(c) General Topics

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

(II) Management

  • Nature and scope; The Role of a Manager in an Organisation.
  • The Management Processes- Planning, Organisation, Staffing, Directing and Controlling;
  • 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.

Practice Sectional Tests-Phase I for free before RBI Grade B 2020 Exam

Recommended RBI Grade B 2020 Books

Below listed are some useful preparation books for RBI Grade B 2020. These books will go long way in clearing out doubts and consolidating knowledge of core fundamentals in each section.

Subjects Name of the book Author Name
Economic and Social Issues Indian Economy Uma Kapila
Indian Economy Mishra Puri
Growth and Development Devraj Ray
Sociology C.N. Shankar Rao
English Descriptive General English S P Bakshi and Richa Sharma
Finance & Management Monetary Theory and Public Policy  Kenneth Kurihara
Economic Growth and Development Mayer and Baldwin
Financial Management Prasanna Chandra
Statistics An Introduction to Numerical Analysis Atkinson
Sampling Techniques Cochran, William G
Fundamental of Applied Statistics Gupta, SC, VK Kapoor
English Objective English Edgar Thorpe
Objective General English R.S. Aggarwal, Vikas Aggarwal
Word Power Made Easy Norman Lewis
Reasoning Test of Reasoning Edgar Thorpe
A modern approach to verbal & non-verbal Reasoning R.S. Aggarwal
How to prepare for Logical Reasoning Arun Sharma
Analytical Reasoning M.K. Pandey

*The article might have information for the previous academic years, please refer the official website of the exam.

Comments


35 Comments
S
shaik kabeer
Is it advisable to quit RBI Grade B preparation for a 26 years old working professional like me, after 3 failed attempts and start preparing for an exam which has higher chances of success?
K
kavita rani

Hi Shaik. I think you should not quit rather give it a try so that it can increase your chances of getting selected. In case you are not satisfied with your current job and dedicated to get government job, then you can try for other exams like NABARD, SEBI, SIDBI, SBI PO, IBPS, SSC etc.

K
karan rathod
How many months are required to clear the RBI Grade B exam in the very first attempt in 2020 while working in SBI as a JA?
K
kavita rani

Hi karan. In case you are preparing for the RBI Grade B exam, then you must start immediately. It takes at least 6-8 months time to prepare for the exam. Get started now so that you can prepare a strong strategy and study as per the latest syllabus and exam pattern.

A
ankita sasmal
How can I appear for RBI Grade B exam after being selected as an RBI Assistant?
K
kavita rani

Hi Ankita. Your selection as an Assistant will not affect your Grade B exam. Assistants who have joined RBI are allowed to give Grade B DR (Direct Recruit) Officers Exam. The entire process, from the exam pattern to the personal interview will remain the same even for the RBI Assistants as well.

S
sadim ansari
Is the RBI Grade B exam as tough as the civil services exam? In how much time can one prepare for the RBI Grade B exam?
K
kavita rani

HI Sadim. Both RBI Grade B and UPSC CSE are considered as the toughest and highly competitive exams for government job aspirants. RBI Grade B exam is given by those who want to foray into the banking sector while candidates who want to get administrative roles in the country prefer IAS exam. If you start your preparation from the ground level, it will take at least 6 months to understand the concepts. If you start RBI Grade B Preparation now, it will take minimum 6 months to prepare.

B
bunty kohli
What is the strategy or pattern one must follow while answering the descriptive questions in the RBI grade B - DEPR to have a good score? My concepts are clear but I'm unable to clear the exams.
K
kavita rani

Hi Bunty. Some of the tips that can be followed include:

First of all, you need to prepare a rough structure by understanding the main theme of a particular para or comprehension.

You must using complex vocabulary. Prefer simple, clear and grammatically error free writing as can be easily read by others.

While writing the concluding para, try not to include your view about the topic by giving  a solution to the problem.

P
puja sao
What kind of questions are asked for the RBI Grade B DEPR exam according to the most recent examination pattern? How should one go about preparing for this?
K
kavita rani

HI Puja. The selection pattern for the RBI Grade B DEPR post is Preliminary exam, Main exam and then Interview. RBI Grade B Prelims exam will be of 200 marks and the time given to candidates to complete the exam is 2 hours. General Knowledge, English Language, Reasoning Ability, and Quant needs to be prepared to get a good score in the exam.

To get detailed exam pattern, refer here.

P
priya
I’ve given SBI clerk prelims 2020, and I’m very sure regarding clearing it. Also from the past few days, I’d attained keen interest in RBI grade b exam. Should I prepare for it from now? As its phase1 is almost similar to SBI Mains pattern.
K
kavita rani

Hi Priya. Yes, you can appear for the RBI grade b exam as well. The RBI Grade B exam is taken by the RBI for appointing officers, this exam is quite a popular exam for those seeking a career in the finance sector. So you can give RBI grade B exam as well.

S
sourajit mukherjee
How should one prepare for the RBI grade B officers exam? What is the pattern of the paper and the selection procedure?
K
kavita rani

Hi Sourajit. The exam for the post of RBI Grade B officers is taken in three phases including Preliminary exam, Main Exam, and Interview round. The prelims exam has MCQs that are related to General Awareness, English Language, Quantitative Aptitude, and Reasoning subjects while in the Main exam, three separate papers on Economic and Social Issues, English Language and Finance and Management are conducted. You need to work hard as the competition level is much higher. For more details, refer here.

J
jatin sharma
How do I start English preparation for the RBI Grade B 2020 exam? I know the pattern of the syllabus, but from where should I start in English?
K
kavita rani

Hi Jatin. To get a good score in the English section, you need to focus on RC, Cloze passage, parajumbles, fill in the blanks, etc. as they all help to get a good score. Also, reading a good quality English Newspaper will help you to improve your reading Skills. Adhering to these strategies will help you to improve your reading speed quickly.

S
sandesh kumar
How should I score 60+ (as per current pattern) in paper 2- social and economic issues -in the RBI grade b, 2020 exam?
K
kavita rani

HI Sandesh. To get a good marks in paper 2- social and economic issues -in the RBI grade b, 2020 exam, you must stay well aware of the latest exam pattern and syllabus. Some of the important topics that you must prepare include globalization, Opening up of the Indian Economy, Sustainable Development and Environmental issues, Economic Reforms in India, etc. to get a good score.