RBI Grade B 2020 Exam Pattern is decided by 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 Main exam will be held on December 1 and 2, 2020.
Latest: RBI Grade B 2020 Application Forms are available from September 21 – October 11, 2020.
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.
The following table highlights some of the important aspects of RBI Grade B Exam Pattern 2020:
|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
Phase I – 200 Marks
Phase II – 300 Marks
Phase III (Interview) - 50 Marks
Phase I – 2 Hours
Phase II – 1.5 Hours (Each Paper)
|Exam Language||English and Hindi|
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|
|Total||200 Questions||200 Marks||120 minutes|
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|
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.
|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|
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
(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
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.